AState Bank of India and NABARD
BMinistry of Finance and SEBI
CWorld Bank and IMF
DRBI and Registrar
Answer:
D. RBI and Registrar
Read Explanation:
URBAN COOPERATIVE BANKS:
These societies are established to provide cheaper credit to small traders, employees, artisans and middle class people living in urban area
First Urban cooperative Bank started in Germany
Schulze Delitzch are the Father and Founder of urban cooperative Movement
Luigi Luzzatti is the profounder of UCB – Italy (Pattern of Schultz)
Working among middle class people
Banaca Popularie (People Bank) - Italy - By LUIGY LUSSATI -CUSSATTA Banks – Urban area - Limited Liability
Schulze started first Cooperative Bank in 1852
Urban Bank in India indebted to Mac lagan committee - In India -19th century origin
Urban bank maintain SLR and CRR as per the rate fixed by RBI
In India, urban cooperative Bank was started in Baroda State as Mutual Aid Society on 5th Feb 1889 by Vithal Laxman Kavithkar.
First registered urban Cooperative Society was in 1904 at Kanjeevaram Madras Province
In 1st March 1966, all urban cooperatives banks are come under purview of BRAct and can functions with the License from RBI
In Kerala urban Cooperative Banks comes under the control RBI and Registrar