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Role of Urban Cooperative Banks in Rural Segment

Dated:- 8-5-2015 - The Urban Cooperative Banks (UCBs) were initially permitted to operate within the urban/semi-urban centre only. However, as per the recommendations of the Marathe Committee, UCBs were allowed to extend the area of operation to semi-urban and urban centres and the peripheral rural areas within a distance of 10 kms from boundaries of these centres within the district of their registration in 1994. However, UCBs are now allowed to open branches anywhere in their approved area of .....

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