Question

    The RBI prescribed _____ tiered regulatory structure for

    urban cooperative banks?
    A Three Correct Answer Incorrect Answer
    B Two Correct Answer Incorrect Answer
    C Four Correct Answer Incorrect Answer
    D Five Correct Answer Incorrect Answer
    E Six Correct Answer Incorrect Answer

    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.

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