India, March 19 -- The Governor of the Reserve Bank of India (RBI) met with the Chairmen, Managing Directors, and Chief Executive Officers of select Urban Cooperative Banks (UCBs) from across the country in Mumbai on March 19, 2025. Representatives from the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC) and the National Federation of Urban Co-operative Banks & Credit Societies Limited (NAFCUB) also participated in the meeting, which was part of the RBI's ongoing engagement with its regulated entities.
Deputy Governors M. Rajeshwar Rao and Swaminathan J., along with Executive Directors overseeing Regulation and Supervision, were present at the session.
In his opening remarks, the Governor highlighted the cr...