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Report of the Expert Committee on Licensing New Urban Co-operative Banks

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  • Reserve Bank of India RBI

Abstract

With a view to increasing the coverage of banking services amongst local communities, it was proposed in the Annual Policy Statement for the year 2010-11 to set up a Committee comprising of all stakeholders for studying the advisability of granting new urban co-operative banking licences under Section 22 of the Banking Regulation Act, 1949 (AACS). In the Second Quarter Review of Monetary Policy 2010-11, the Committee was advised to look into the feasibility of an umbrella organisation for the Urban Co-operative Banks (UCB) sector. URL:[http://rbidocs.rbi.org.in/rdocs/PublicationReport/Pdfs/MFR120911RF.pdf].

Suggested Citation

  • Reserve Bank of India RBI, 2011. "Report of the Expert Committee on Licensing New Urban Co-operative Banks," Working Papers id:4458, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:4458
    Note: Reports
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