India Strengthens Banking Regulation - Several Measures taken by RBI

India extends XBRL to Co-operative Banks

RBI asks UCBs to report large accounts data almost with immediate effect   In its drive to strengthen supervision of Urban Co-operative Banks (UCBs) post the PMC, UCBs told to report exposures above Rs 5 crore to CRILC, almost with immediate effect. It has issued detailed guidelines for reporting, making rules closer to that for commercial banks. The detailed guideline stipulates that the reporting frequency of the CRILC (Central Repository on Information on large Credits)– […]