The Reserve Bank of India (RBI) has urged the directors of Urban Co-operative banks (UCBs) to enhance governance practices to ensure stability. RBI governor Shaktikanta Das highlighted the importance of a professional Board of Management and emphasised the need to strengthen compliance, risk management, and internal audit. He also called for proactive asset liability management and improved liquidity risk management.from Banking/Finance-Industry-Economic Times https://ift.tt/QR3hxs0
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