Current Affairs · Banking Regulations
What was the recent regulatory change introduced by the RBI for Urban Co-operative Banks (UCBs) regarding business authorization?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1UCBs are allowed to expand branches without any financial evaluation.
- 2A new eligibility framework called ECBA was introduced to replace FSWM norms.✓
- 3UCBs are permitted to operate nationwide without any deposit size limits.
- 4A cap was introduced on UCBs' capital adequacy ratio.
Correct answer
A new eligibility framework called ECBA was introduced to replace FSWM norms.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for Current Affairs?
Practice full-length Current Affairs mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking Regulations MCQs →Want more practice questions on Banking Regulations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Banking Regulations