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RBI Issues Norms to Shore Up Governance Standards at Urban Cooperative Banks - (02 Jan 2020)

BANKING

Reserve Bank of India has released the final guidelines for setting up a board of management for such banks. According to the guidelines, UCBs, with deposits of Rs 100 crore and more, will constitute the BoM, which will be a necessary requirement for opening new branches.

Tags : RBI   URBAN COOPERATIVE BANKS  

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