Urban, multi-State cooperative banks to come under RBI supervision
To ensure that depositors are protected, the Centre has decided to bring all urban and multi-State cooperative banks under the direct supervision of the Reserve Bank of India (RBI). Practice question for mains: Q. What are Cooperative Banks? How are they regulated? Discuss their role in extending credit facilities in rural India. What are Cooperative… Continue reading Urban, multi-State cooperative banks to come under RBI supervision