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RBI announces Expert Committee; Mehta lone representative from UCB


Following the promise made recently by RBI Governor Shaktikanta Das, RBI announced on Monday the constitution of an Expert Committee on UCBs, which will be chaired by N S Vishwanathan, Former Deputy Governor.
There is also a representative in the Expert Committee from the co-operative sector. Nafcub President Jyotindra Mehta has been made as one of the members in the committee.
The committee comprises Chairman, six members and a convenor. Besides Vishwanathan, Harsh Kumar Bhanwala, the former Chairman of NABARD, Mukund M Chitale Chartered Accountant, retired IAS officers NC Muniyappa and RN Joshi IAS (Retired), Prof MS Sriram, IIM Bangalore, Jyotindra M. Mehta- President of NAFCUB (National Federation of Urban Cooperative Banks and Credit Societies) are the members and Neeraj Nigam- Chief General Manager-in-Charge of RBI’s Department of Regulation is convenor. ....

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RBI sets up eight-member panel to strengthen UCB sector - The Hindu BusinessLine


RBI sets up eight-member panel to strengthen UCB sector
February 15, 2021
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The Reserve Bank of India (RBI) has set up an eight-member expert committee to examine the issues and to provide a road map for strengthening the urban co-operative banking (UCB) sector, including suggesting effective measures for faster rehabilitation/ resolution of these banks and assess potential for consolidation in the sector.
The committee, headed by NS Vishwanathan, former Deputy Governor, RBI, will leverage on the recent amendments to the Banking Regulation Act, 1949 (As Applicable to Cooperative Societies) to review the current regulatory/supervisory approach and recommend suitable measures/changes to strengthen the sector. ....

Mukundm Chitale , Neeraj Nigam , Jyotindram Mehta , Kumar Bhanwala , Applicable To Cooperative Societies , Department Of Regulation , Reserve Bank , Deputy Governor , Banking Regulation Act , Cooperative Societies , Harsh Kumar Bhanwala , Chartered Accountant , Chief General Manager In Charge , நீரஜ் நீகம் , குமார் பன்வாலா , பொருந்தும் க்கு கூட்டுறவு சமூகங்கள் , துறை ஆஃப் ஒழுங்குமுறை , இருப்பு வங்கி , துணை கவர்னர் , வங்கி ஒழுங்குமுறை நாடகம் , கூட்டுறவு சமூகங்கள் , கடுமையான குமார் பன்வாலா , பட்டய கணக்கர் , தலைமை ஜநரல் மேலாளர் இல் கட்டணம் ,