Business

RBI Comes Out With Four-Tiered Regulatory Framework For Urban Cooperative Banks

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In Tier 2, it has placed UCBs with deposits more than Rs 100 crore and up to Rs 1,000 crore. Tier 3 will cover banks with deposits more than Rs 1,000 crore and up to Rs 10,000 crore. UCBs with deposits more than Rs 10,000 crore have been categorised in Tier 4.



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