RBI announces four-tiered regulatory framework and other changes for urban co-op banks

​Set up in February 2021, the panel was designed to examine issues in the urban co-operative banking sector and provide a medium term road map. Headed by former RBI Deputy Governor, N. S. Vishwanathan, the panel recommended a four-tiered regulatory framework based on size of deposits of the banks and their area of operations.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-announces-four-tiered-regulatory-framework-and-other-changes-for-urban-co-op-banks/articleshow/92985368.cms