Set up in February 2021, the panel was designed to examine issues in the urban co-operative banking sector and provide a medium term road map. Headed by former RBI Deputy Governor, N. S. Vishwanathan, the panel recommended a four-tiered regulatory framework based on size of deposits of the banks and their area of operations.
from Banking/Finance-Industry-Economic Times https://ift.tt/nLiGhrW
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