RBI to Resume Urban Cooperative Bank Licensing After 22-Year Pause, Review Rural Bank Rules

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Banking

5 August 2026 at 3:50 pm

RBI to Resume Urban Cooperative Bank Licensing After 22-Year Pause, Review Rural Bank Rules

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Summary

The Reserve Bank of India will resume urban cooperative bank licensing after a 22-year hiatus and plans a comprehensive review of credit monitoring for rural cooperative banks.

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