After 22 years, RBI reopens UCB licensing: can new audit rules ensure a safer banking sector? | Explained
· thehindu.com
RBI reopens UCB licensing with MSCARO 2026 and ICAI guardrails to ensure safer, transparent, and better-governed cooperative banks.
Once bitten, twice shy. India’s urban cooperative banks (UCBs) have had their share of troubled episodes, regulatory lapses and governance failures, which nei...