Integration of Urban Cooperative Banks A Comparative Regulatory & Functional Review: PARC Suggestion to Reserve Bank of India committee.
Banking System acts as a backbone to the country’s economy. While commercial banks have the role of driving the economy, co-operative banks are more focused on the financial upliftment of the grassroots section of society. However, RBI in its “Trends & Progress report 2019-2020 determined that the co-operative sector faced the collapse of larger UCBs …