Multiple choice

Capital Adequacy Norms are applicable for Urban Co-operative Banks (as are applicable to commercial banks) from

  1. March 2005

  2. March 2006

  3. March 2007

  4. March 2008

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The Reserve Bank of India mandated that Urban Co-operative Banks align their capital adequacy norms with those of commercial banks starting in March 2005 to strengthen the sector.