Amit Shah urges urban cooperative banks to join NUCFDC for tech upgrades and depositor confidence after RBI resumes licensing.

The Reserve Bank of India (RBI) plans to re-start issuing fresh licences for setting up Urban Co-operative Banks (UCBs) after a gap of two decades. However, the eligibility norms…

RBI's renewed licensing policy revitalizes urban cooperative banks, enhancing financial inclusion and addressing credit gaps for MSMEs.