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Committee on Urban Co-operative Banks
February 12 , 2021
1385 days
900
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- RBI has decided to set up an expert committee on Urban Co-operative Banks (UCBs).
- The committee would involve all the stakeholders so as to provide a medium-term road map.
- The medium-term roadmap in turn will help to strengthen the sector.
- It will also enable the faster rehabilitation of UCBs.
- The committee will also examine other critical aspects related to these entities.
- The committee is being set in accordance with the provisions of the Banking Regulation (Amendment) Act, 2020.
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