RBI panel moots liberal norms to strengthen, scale up UCBs - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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RBI panel moots liberal norms to strengthen, scale up UCBs

The committee headed by former deputy governor N S Vishwanathan, suggesting a four tiered structure based on the size of deposits recommends setting up of an Umbrella Organisation with a minimum capital of Rs 300 crore to help smaller co-operative to acquire scale and help with capital and liquidity support whenever needed.

from Stocks-Markets-Economic Times
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