Press release- Revised Regulatory Framework for Urban Co-operative Banks (UCBs) (dated-19.07.2022)-RBI.View Pdf
Press release- Revised Regulatory Framework for Urban Co-operative Banks (UCBs) (dated-19.07.2022)-RBI.
- While examining the recommendations, Committee’s vision of turning UCBs into friendly neighbourhood banks and the heterogeneity of the sector have been duly kept in view. In order to make the sector more robust and support its orderly growth, the capital requirements have been suitably recalibrated. Further, a suitable glide path has also been provided for a non-disruptive transformation of the sector. The measures for strengthening the sector are also being supplemented by offeringmore operational flexibility to strong UCBs to serve their desired role in credit intermediation.
- The major recommendations which have been accepted, refer attachment for further details.