RBI sets up panel to suggest steps for strengthening, consolidating urban co-operative banks

The panel will "draw up a vision document for a vibrant and resilient urban co-operative banking sector having regards to the Principles of Cooperation as well as depositors' interest and systemic issues," said the terms of reference of the committee which will be required to submit its report to the RBI in three months.

from Banking/Finance-Industry-Economic Times https://ift.tt/3alNfLH