Viswanathan Committee on Urban Cooperative Banks
On 23rd August, 2021, the Reserve Bank of India (RBI) released the report of the Expert Committee on Primary Urban Co-operative Banks (UCBs).
- The committee, chaired by former RBI deputy governor NS Vishwanathan, was set in February, 2021, to examine the issues and to provide a road map for strengthening the sector.
Key Recommendations
- Four Tiered Regulatory Structure for Urban Cooperative Banks(UCB)
- Tier-1 with deposits up to Rs 100 crore;
- Tier-2 with deposits between Rs 100-Rs 1,000 crore,
- Tier-3 with deposits between Rs 1,000 crore to Rs 10,000 and
- Tier-4 with deposits of over Rs 10,000 crore.
Norms for Each Tier ....
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