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UBI News

 

The Reserve Bank of India (RBI) Eased Lending Restrictions on UBI

Reserve Bank of India
Kolkata: Reserve Bank of India (RBI) to further relax the restrictions on the United Bank of India, which has hit the bad assets, it can give advances rating lower than ‘triple A’ if it recovers bad loans. Reserve Bank of India The regulator removed some precautions relaxed shoulders and links to state-owned lender’s ability to cash recoveries from non-performing loans, three senior...