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Who is the chairman of the panel appointed by RBI, which has suggested 4-tier structure for Urban Co-operative Banks?
A)
S Janakiraman
B)
Sudarshan Sen
C)
M Rajeshwar Rao
D)
N S Vishwanathan

Correct Answer :   N S Vishwanathan


RBI appointed panel under the chairmanship of N. S. Vishwanathan suggests 4-tier structure for Urban Co-operative Banks; minimum CRAR (Capital to Risk-Weighted Assets Ratio) for them could vary from 9% to 15%.

A Reserve Bank-appointed committee has suggested a four-tier structure for the urban cooperative banks (UCBs) depending upon the deposits and prescribed different capital adequacy and regulatory norms for them based on their sizes.

Published On : August 26, 2021
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