Posted inCurrent Affairs
RBI Notifies Four Key Measures to Strengthen 1,514 Urban Co-operative Banks
The Reserve Bank of India (RBI) has introduced four significant measures aimed at bolstering the strength and stability of 1,514 Urban Co-operative Banks (UCBs). These measures, ranging from improved governance to enhanced capital requirements, are intended to enhance the resilience and governance framework of UCBs, ensuring the safety of depositors and promoting a sound banking system.