Question

What is considered as the umbrella organisation for Urban Cooperative Bank at the National level ?

• A. NABARD
• B. Sahakar Bharati
• C. NCDC
• D. NUCFDC

Answer 1

Answer:

D. NUCFDC

NUCFDC - NATIONAL URBAN COOPERATIVE FINANCE AND DEVELOPMENT CORPORATION LTD:

• HQ - NewDelhi

• 2 March 2024

• N.S Vishwanathan Committee

• Objective - Help UCB to Adhere to BR ACT - Bring Professionalism in their work.

• Umbrella organisation for UCB at National level

• RBI Approval- To function as NBFC

• Umbrella organisation for UCB at National level.

• RBI Approval - To function as NBFC