RBI's Role in Prompting the Compliance and Stability of Primary (Urban) Cooperative Banks

Abstract

The article explores the critical issues and challenges faced by Urban Cooperative Banks (UCBs) and the role of the Reserve Bank of India (RBI) in ensuring their compliance and stability. It explores into the RBI's enhanced supervisory measures, including the revision of the Supervisory Action Framework (SAF), insights from the Expert Committee on Primary (Urban) Cooperative Banks, and proposed strategies for improved oversight of UCBs. The focus is on emphasizing the RBI's tightened regulatory grip in prompting compliance issues and strengthening the stability of these banks.