Urban Co-op banks need to strengthen governance quality https://ift.tt/pxw8J3g Reserve Bank of India (RBI) has raised concerns over high levels of gross non-performing assets (NPAs) in urban cooperative banks, despite improved profitability indicators. The RBI has called for further strengthening of governance standards and risk management practices, and for co-operative banks to adopt global best practices of supervision.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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