New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    Which regulatory requirement applies to the branch

    expansion of Financially Sound and Well Managed (FSWM) Urban Cooperative Banks (UCBs)?
    A They require prior approval from NABARD Correct Answer Incorrect Answer
    B They must obtain a special resolution from depositors Correct Answer Incorrect Answer
    C They follow an Automatic Route for branch licensing Correct Answer Incorrect Answer
    D They need clearance from the Ministry of Finance Correct Answer Incorrect Answer
    E They are not allowed to open new branches Correct Answer Incorrect Answer

    Solution

    Financially Sound and Well Managed (FSWM) Urban Cooperative Banks (UCBs) can expand branches through the Automatic Route, reducing regulatory hurdles.

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