Current Affairs · Cooperative Banking and RBI Guidelines
RBI's discussion paper on resuming Urban Cooperative Bank (UCB) licensing reflects a framework to reopen licensing for new UCBs. Which prudential eligibility combination is correctly associated with this proposed framework?
- 1Minimum capital ₹300 crore with no profitability requirement if multi-state
- 2Minimum capital ₹500 crore and CRAR of 15%
- 3Minimum capital ₹100 crore and CRAR of 9%
- 4Minimum capital ₹300 crore and Net NPA not exceeding 3%✓
Correct answer
Minimum capital ₹300 crore and Net NPA not exceeding 3%
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