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Dividend Equalisation Fund

Banking Finance Year 2024 RBI NEWS September 2024 

RBI pulls up UCBs creating Dividend Equalisation Fund

September 14, 2024 admin 0 Comments banking regulations, Dividend Equalisation Fund, financial management, free reserves, general reserves, profit reserves, rbi, Tier-I capital, UCBs, Urban Cooperative Banks

The Reserve Bank of India asked Urban Cooperative Banks to stop the practice of setting up a Dividend Equalisation Fund

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  • Cloud‑first, AI‑led GCC reshapes global banking
  • RBI: Indian banks well-positioned to withstand severe shocks
  • MP CM pushes major DCCB revival drive across state
  • Pune Peoples Co‑op Bank reports strong growth
  • Indian banks have higher West Asia crisis exposure in APAC, says Moody’s

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