Categories: Banking

RBI appointed panel suggests 4-tier structure for Urban Co-operative Banks

RBI appointed panel under the chairmanship of N. S. Vishwanathan suggests 4-tier structure for Urban Co-operative Banks; minimum CRAR (Capital to Risk-Weighted Assets Ratio) for them could vary from 9 per cent to 15 per cent. A Reserve Bank-appointed committee has suggested a four-tier structure for the urban cooperative banks (UCBs) depending upon the deposits and prescribed different capital adequacy and regulatory norms for them based on their sizes.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The RBI committee said that UCBs can be split into four categories:

  • Tier-1 with deposits up to Rs 100 crore;
  • Tier-2 with deposits between Rs 100-Rs 1,000 crores;
  • Tier-3 with deposits between Rs 1,000 crore to Rs 10,000 and
  • Tier-4 with deposits of over Rs 10,000 crore.

Find More Banking News Here

Sumit Arora

Recent Posts

Indian Army and IAF Conduct Joint Exercise in Punjab

The Indian Army's Kharga Corps, under the aegis of the Army's Western Command, successfully conducted…

6 seconds ago

Rabindranath Tagore Jayanti 2024: Date, History, Celebration and Significance

Rabindranath Tagore Jayanti 2024, also known as Rabindra Jayanti, falls on May 8th to commemorate…

29 mins ago

ICICI Bank Introduces UPI for NRIs Using International Mobile Numbers

ICICI Bank has unveiled a groundbreaking feature allowing non-resident Indian (NRI) customers to utilize Unified…

47 mins ago

Visa Appoints Sujai Raina as India Country Manager

Visa, the global digital payments platform, announced on Tuesday that it has appointed Sujai Raina…

2 hours ago

Which State of United States is Known as “The Grand Canyon State”?

Arizona, one of the southwestern states of the United States, proudly bears the moniker of…

2 hours ago

Nepal’s Population Trends and Demographic Indicators

Nepal's population growth rate has hit a historic low, standing at 0.92% per annum over…

3 hours ago