ucb

RESTRICTIONS Cooperatives are subject to following restrictions: Restriction on holding shares in other co-operative societies: No co-operative bank is permitted to hold shares in any other co-operative society except to such extent and subject to such conditions as the Reserve Bank may...

Priority Sector lending The UCBs are required to extend 60 per cent of their total advances to priority sector, of which, 25 per cent needs to be deployed to the weaker sections. Information on lending of UCBs towards priority sector and weaker sections as at end-March 2000 was available for...