Synopsis of RBI Letter - Disclosure

United Bank of India has informed BSE that the Reserve Bank of India vide its letter dated June 03, 2014 has allowed the Bank to consider loan proposals up to Rs. 200cr. taking exposure to AAA rate PSUs and corporate borrowers subject to ensuring CD Ratio not beyond 70% and CRAR not below 9% as on June 30, 2014.

Source : BSE - www.bseindia.com

Published on June 10, 2014
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