The Hindu·4 min read·medium
RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah
P
PTI
✦AI Summary
Union Minister Amit Shah has encouraged urban cooperative banks to view the Reserve Bank of India as a proactive partner rather than a restrictive regulator. He highlighted recent policy relaxations and the upcoming 'on-tap' licensing as evidence of the RBI's support for the sector.
Union Minister of Cooperation Amit Shah on Saturday (August 8, 2026) urged urban cooperative banks (UCBs) to look at the RBI from a "different viewpoint", underlining that the central bank has "proactively helped" the sector in recent times.
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in