RBI’s Committee on UCBs suggests a ‘four-tiered structure’ for their regulation

India’s Cooperative Banks have been in crisis for long, and are losing trust of customers. Analyze. (250 Words)

Approach:

• In the introduction, define Cooperative Banks and their regulation
• Enumerate the problems faced by Cooperative Banks in the country
• List the steps taken by Government to take the banks out of crisis
• Way Forward and Conclusion