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Fixing the Urban Cooperative Banking system

Finshots Daily

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Urban Cooperative Banks - The R B I's Way to Fix Them

For the longest time, urban co operative banks weren't fully regulated by the r b i. The government decided that it would be best to put arbia in charge of most functions. A committee has finally submitted its findings in a detailed report. They believe it's best to impose different regulatory restrictions depending on the scale and scope of the usib in question.

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