https://www.taxtmi.com/news?id=15126 The Reserve Bank reformed regulation and supervision of urban co operative banks through phased prudential measures (including CRAR compliance, prohibitions on director-relative loans, interbank and market exposure limits), adoption of CAMELS ratings and a Supervisory Action Framework with trigger points on capital, asset quality, deposit concentration, profitability and credit deployment, and pursued regulatory convergence by aligning CRR/SLR and KYC norms with commercial banks. Structural policy recommended licensing reforms, governance enhancements (Board of Management), capacity building, expanded fee-based permissions and conversion pathways for large multi state UCBs into commercial or specialised banks, subject to legal amendments. en-us Wed, 28 Oct 2015 13:12:29 +0530 Wed, 28 Oct 2015 13:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15126 The Reserve Bank reformed regulation and supervision of urban co operative banks through phased prudential measures (including CRAR compliance, prohibitions on director-relative loans, interbank and market exposure limits), adoption of CAMELS ratings and a Supervisory Action Framework with trigger points on capital, asset quality, deposit concentration, profitability and credit deployment, and pursued regulatory convergence by aligning CRR/SLR and KYC norms with commercial banks. Structural policy recommended licensing reforms, governance enhancements (Board of Management), capacity building, expanded fee-based permissions and conversion pathways for large multi state UCBs into commercial or specialised banks, subject to legal amendments. News - Wed, 28 Oct 2015 13:12:29 +0530 https://www.taxtmi.com/news?id=15126