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RBI's draft guidelines allow eligible multi-state credit co-operative societies to apply for UCB banking licenses on an on-tap basis. Sets eligibility, capital, governance norms. Comments open till September 05, 2026.
RBI invites public comments on Draft Guidelines for ‘on tap’ Licensing of Urban Co-operative Banks
6 August 202615 min
RBI's July 30, 2026 Amendment Directions tighten bulk-deposit rate disclosure timing (by 10:10 am daily) and mandate uniform pricing across branches for Commercial, Small Finance, RRB, Payments, Local Area and Urban Co-operative Banks. Effective October 1, 2026.
31 July 2026Eff. 1 October 20269 min