Moneycontrol
HomeNewsBusinessCompaniesRBI Expert Committee suggests setting up of Umbrella Organisation and 4-tier structure to regulate UCBs

RBI Expert Committee suggests setting up of Umbrella Organisation and 4-tier structure to regulate UCBs

The expert committee on Urban Co-operative Banks (UCBs) has submitted its report in two parts, a vision document for the UCB sector and the second part is on the committee’s recommendations on various aspects of the functioning of UCBs.

August 23, 2021 / 18:00 IST
Story continues below Advertisement
The committee said that the UCBs have the potential to be the harbinger of economic empowerment of a large number of financially excluded persons in the country.
Moneycontrol News
first published: Aug 23, 2021 04:32 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!