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United Bank may consider loan proposals up to ₹200 cr: RBI

Our Bureau Kolkata | Updated on June 10, 2014 Published on June 10, 2014

The Reserve Bank of India has said that the United Bank of India might consider loan proposals up to ₹200 crore. However, such exposures could only be restricted to triple A-rated PSUs and corporate borrowers. The RBI’s permission is also subject to the bank’s credit-deposit ratio remaining within 70 per cent, and capital adequacy ratio staying at or above 9 per cent as on June 30, 2014.

Published on June 10, 2014
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