Regulatory Framework for Urban Cooperative Banks

On 19th July, 2022, the Reserve Bank of India (RBI) adopted a four-tiered regulatory framework for Urban Co-operative Banks (UCBs) based on size of deposits, with an aim to strengthen their financial soundness. The RBI had formed the Expert Committee on UBCs in February, 2021, under the Chairmanship of former Deputy Governor N. S. Vishwanathan.

  • The committee was made to look into the issues in urban co-operative banking sector, provide a medium-term road map, suggest measures for faster resolution of UCBs and recommend suitable regulatory changes.

Need for Regulation

  • The RBI has been tightening its grip on regulated entities to ensure ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy September 2022 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content