Question
The Reserve Bank of India (RBI) recently prescribed a
four-tier regulatory structure for urban cooperative banks (UCBs). It has stipulated a minimum net worth of What amount for tier one UCBs operating in a single district ?Solution
The Reserve Bank of India (RBI) prescribed a four-tier regulatory structure for urban cooperative banks (UCBs). The regulator has stipulated a minimum net worth of ₹2 crore for tier one UCBs operating in a single district and ₹5 crore for all other UCBs of all tiers. RBI also retained the minimum capital adequacy ratio requirement for tier one banks at the present level of 9%. For urban cooperative banks of all other tiers, while retaining the current capital adequacy framework, RBI said it has decided to revise the minimum capital adequacy ratio to 12% to strengthen their capital structure. In February 2021, RBI constituted the committee headed by former deputy governor N S Vishwanathan to examine issues in the urban cooperative banking sector, provide a medium-term road map and suggest measures for faster resolution of UCBs, among others. RBI Headquarters: Mumbai Governor: Shaktikanta Das 4 Deputy Governors: T. Rabi Sankar,MK Jain, MD Patra, M Rajeshwar Rao Co-operative Banks, which are distinct from commercial banks, were born out of the concept of co-operative credit societies where members from a community group together to extend loans to each other, at favourable terms. Co-operative Banks are broadly classified into Urban and Rural co-operative banks based on their region of operation. Capital to Risk (Weighted) Assets Ratio (CRAR) is also known as Capital adequacy Ratio, the ratio of a bank's capital to its risk. The RBI tracks a bank's CAR to ensure that the bank can absorb a reasonable amount of loss and complies with statutory Capital requirements.
Which of the following is not the  governor-general of India?
Which of the following has four chambered heart?
Which part of a flower is the sticky surface at the top of the pistil, it traps and holds the pollen?
The campaign 'Ek Tareekh, Ek Ghanta, Ek Sath' is associated with which occasion?
________ Language is also called programming language.
The Ancient Monuments Preservation Act was enacted in the year ______.
Which state bagged the highest number of medals during the Khelo India Youth Games 2022?
After Bharti Chand, which Chand king was the second to launch an attack on Nepal?
In which year did the Indian cricket team win its first Twenty Twenty (T20) World Cup?
The absolute refractive index of ______ is 2.42.