dccbs in A Sentence
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Dccbs and Primary Societies.
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District Central Cooperative Banks(Dccbs) can allow their existing customers to withdraw money from their accounts up to ₹ 24,000 per week.
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District Central Cooperative Banks(Dccbs) can allow their existing customers to withdraw money from their accounts upto ₹ 24,000 per week upto November 24, 2016.
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Maharashtra government has formed a committee to study the feasibility of merging financially weak District Central Cooperative Banks(Dccbs) with the Maharashtra State Cooperative(MSC) Bank.
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The remaining 26 Dccbs which have not met the licensing criteria within the extended period, i.e., before September 30, 2012 continue to be under directions.
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The decision was taken in view of RBI guidelines, which mandate that all Dccbs should have a Capital to Risk Weighted Assets Ratio(CRAR) of 9 per cent.
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The spokesperson said the decision had been taken in view of RBI guidelines, which mandate that all Dccbs should have a minimum capital adequacy ratio of 9%(CRAR).
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Task Forces set up by the Reserve Bank in these States for the purpose have observed that these Dccbs are unviable in their present form and their continued existence cannot be sustained.
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Although at present the Dccbs are adhering to the required CRAR of 9%(CRAR), there is hardly any space for majority of these Dccbs to enhance their business and to increase their profitability.
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The Reserve Bank of India has today(Nov. 14 2016) clarified that District Central Cooperative Banks(Dccbs) can allow their existing customers to withdraw money from their accounts upto Rs 24,000 per week upto November 24, 2016.
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Official spokesperson said that the decision had been taken in view of RBI guidelines, which mandate that all Dccbs should have a minimum capital adequacy ratio of nine percent Capital to Risk Weighted Assets Ratio(CRAR).
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Although at present the Dccbs are adhering to the required CRAR of 9 per cent, but there was hardly any space for majority of these Dccbs to enhance their business and to increase their profitability.
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squirms in a sentencetuppen in a sentencemccb in a sentenceranjit in a sentencececil in a sentenceyoungsun in a sentencetrotskyist in a sentencexbee in a sentencepushed in a sentencenever-changing in a sentenceclickable in a sentenceabby's in a sentencemistress in a sentencerooted in a sentencewhines in a sentenceetch in a sentencebuen in a sentencelevitin in a sentencefigureheads in a sentencedalvi in a sentence