Answer-What does the RBI’s new ECBA framework aim to regulate?

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.

Question

What does the RBI’s new ECBA framework aim to

regulate?

A Forex trading for banks

B Merger of small finance banks

C Business expansion of urban co-operative banks

D Gold import policy

E Cross-border digital payments

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What does the RBI’s new ECBA framework aim to

Solution