Question

    What does the RBI’s new ECBA framework aim to

    regulate? 
    A Forex trading for banks Correct Answer Incorrect Answer
    B Merger of small finance banks Correct Answer Incorrect Answer
    C Business expansion of urban co-operative banks Correct Answer Incorrect Answer
    D Gold import policy Correct Answer Incorrect Answer
    E Cross-border digital payments Correct Answer Incorrect Answer

    Solution

    The ECBA (Eligibility Criteria for Business Authorisation) framework lays out new norms for branch and ATM expansion of UCBs, replacing the earlier FSWM norms, focusing on financial health and governance. 

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