Question
In June 2020, the Central government approved an
Ordinance to bring all urban and multi-state cooperative banks under the direct supervision of RBI. In 2021 RBI appointed a committee that suggested tier structure for the UCBs. which of the following is not correct?Solution
Tier 5 with UCBs of Deposits more than Rs 10,000 crore with deposited income of 10,000 crore There is no tier 5 structure
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