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RBI likely to reopen licensing window for UCBs
The Free Press Journal - Indore
|June 12, 2026
The Reserve Bank of India (RBI) is likely to revive the issuance of fresh licences for urban co-operative banks (UCBs), a move that would end a two-decade pause on new entrants in the sector, according to a report.
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The central bank is expected to approve fresh licences for UCBs, a practice it had discontinued in 2004, following a discussion paper it released
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