NAFCUB to set up Umbrella Organisation for UCBs

The Umbrella Organisation could be in the form of apex entities, as is the practice in many countries that provide access to resources/capital to financial co-operatives at the base level through their ability of tapping into the capital market, while maintaining the cooperative character, RBI said.

from Banking/Finance-Industry-Economic Times https://ift.tt/2ZlnVhx