The RBI is considering lowering the minimum capital requirement for new urban cooperative bank licences, proposing a cut from ₹300 crore to ₹200 crore. The move aims to make licensing more achievable and invigorate the co-operative banking sector, potentially opening the door for more institutions—though regulators will weigh financial stability alongside expansion.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
