Urban Co-op banks need to strengthen governance quality

Urban Co-op banks need to strengthen governance quality https://ift.tt/pxw8J3g Reserve Bank of India (RBI) has raised concerns over high levels of gross non-performing assets (NPAs) in urban cooperative banks, despite improved profitability indicators. The RBI has called for further strengthening of governance standards and risk management practices, and for co-operative banks to adopt global best practices of supervision.