RBI Asks Large UCBs, To Appoint Chief Compliance Officers

The Reserve Bank on Monday asked all large Urban Co-operative Banks (UCBs) to appoint chief compliance officers and put in place a board-approved policy for meeting regulatory norms. While the UCBs with deposits of more than Rs 10,000 crore (Tier 4The Reserve Bank on Monday asked all large Urban Co-operative Banks (UCBs) to appoint chief compliance officers and put in place a board-approved policy for meeting regulatory norms. While the UCBs with deposits of more than Rs 10,000 crore (Tier 4