Question
The RBI prescribed _____ tiered regulatory structure for
urban cooperative banks?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 â‚ą2 crore for tier one UCBs operating in a single district and â‚ą5 crore for all other UCBs of all tiers.
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