UCB

RBI introduces PCA framework to enhance monetary well being of UCBs

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The Reserve Financial institution of India (RBI) on Friday prescribed a Immediate Corrective Motion (PCA) framework for comparatively weak city co-operative banks (UCBs), with deposits above ₹100 crore (higher tier class), to nurse them again to well being. As per the framework, a financially unsound and ill-managed UCB may be introduced below PCA if it … Read more

Google Play Billing: NCLAT admits start-ups’ appeals towards CCI’s interim reduction denial 

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  The Nationwide Firm Regulation Appellate Tribunal (NCLAT) on Friday admitted the appeals of a clutch of start-ups, together with Kuku FM and Shaadi.com, towards CCI’s latest order denying them interim reduction or safety towards Google’s dangerous conduct within the huge tech’s Consumer Selection Billing Coverage (UCB).  The Appellate Tribunal directed Google and the Competitors … Read more