{"id":974492,"date":"2025-11-17T11:35:33","date_gmt":"2025-11-17T06:05:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=974492"},"modified":"2025-11-17T11:35:33","modified_gmt":"2025-11-17T06:05:33","slug":"nucfdc-to-urge-rbi-to-allow-small-ucbs-to-offer-digital-services","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/17\/nucfdc-to-urge-rbi-to-allow-small-ucbs-to-offer-digital-services\/","title":{"rendered":"NUCFDC to urge RBI to allow small UCBs to offer digital services"},"content":{"rendered":"<p>The National Urban Co-operative Financial and Development Corp. Ltd (NUCFDC)\u2014the umbrella body for India\u2019s urban cooperative banks (UCBs)\u2014plans to request the banking regulator to allow smaller UCBs with net worths below \u20b950 crore to offer digital services, including internet banking.<\/p>\n<p>Under Reserve Bank of India (RBI) regulations, only banks with a net worth of more than \u20b950 crore are allowed to offer digital services and internet banking facilities. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Urban Co-operative Financial and Development Corp. Ltd (NUCFDC)\u2014the umbrella body for India\u2019s urban cooperative banks (UCBs)\u2014plans to request the banking regulator to allow smaller UCBs with net worths below \u20b950 crore to offer digital services, including internet banking. Under Reserve Bank of India (RBI) regulations, only banks with a net worth of more than \u20b950 crore are allowed to offer digital services and internet banking facilities.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-974492","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=974492"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974492\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=974492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=974492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=974492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}