Commercial bank Current Affairs, GK & News

RBI to set up Expert Committee on Urban co-op Banks

The Reserve Bank of India (RBI) has recently decided to set up an expert committee on Urban Co-operative Banks (UCBs). Highlights The committee would involve all the stakeholders so as to provide a medium-term road map. The medium-term roadmap in turn will help to strengthen the sector. It will also enable the faster rehabilitation or ..




Nachiket Mor Committee recommendations

The “Committee on Comprehensive Financial Services for Small Businesses and Low Income Households” was set up by the RBI in Sep 2013 under the chairmanship of Nachiket Mor, an RBI board member. RBI released the voluminous and detailed Report of this committee in Jan 2014. Even though the recommendations put forth in this report have ..