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RBI to reopen window to grant fresh licences to urban cooperative banks
Mumbai: After a two decade pause on fresh licences to urban cooperative banks, RBI has decided to reopen the window and move towards issuing licences on an on tap basis following stakeholder feedback on its Jan 2026 discussion paper.
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theprint.in
RBI cracked whip on 87 urban co-op banks in 2021 for violations. Only 27 remain under regulatory curbs
Govt told Parliament that Maharashtra accounted for nearly half of the banks placed under RBI’s regulatory directions; DICGC settled Rs 18,931 crore in depositor claims.
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economictimes.indiatimes.com
RBI proposes resuming UCB licensing, overhaul of rural bank rules at MPC
The Reserve Bank of India will resume licensing for urban cooperative banks. A comprehensive review of credit monitoring for rural cooperative banks is also planned. The central…
