**Summary:**
RBI Circular RBI202223189 DOR.CAP.REC. No.10909.18.201202223, issued March 28, 2023, pertains to the Revised Regulatory Framework for Urban Cooperative Banks (UCBs) regarding Net Worth and Capital Adequacy. This circular clarifies that the instructions outlined in circular DOR.CAP.REC.No.8609.18.201202223 dated December 01, 2022, will take effect from March 31, 2023. All other instructions from the December 1, 2022 circular remain unchanged.
The issuing authority is the Department of Regulation, Central Office, Reserve Bank of India. Inquiries can be directed to R. Lakshmi Kanth Rao, Chief General Manager-in-Charge, at the Central Office Building, 12th and 13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai 400 001. Contact can be made via telephone at 022-2260 1000, fax at 022-2270 5691, or email at cgmicdorrbi.org.in.
Key Entities Referenced
Urban Cooperative Banks: A type of financial institution in India.
UCBs: Abbreviation for Urban Cooperative Banks.
Net Worth: A financial metric related to the value of a bank.
Capital Adequacy: A measure of a bank's financial stability and ability to absorb losses.
DOR.CAP.REC. No.10909.18.201202223: Reference number of the circular issued by RBI.
DOR.CAP.REC.No.8609.18.201202223: Reference number of the circular dated December 01, 2022.
R. Lakshmi Kanth Rao: Chief General Manager-in-Charge at Reserve Bank of India
Mumbai, Maharashtra: Location of the Central Office of the Department of Regulation, Reserve Bank of India.
RBI/2022-23/189
DOR.CAP.REC. No.109/09.18.201/2022-23 March 28, 2023
Dear Sir/ Madam,
Revised Regulatory Framework for Urban Co-operative Banks (UCBs) – Net
Worth and Capital Adequacy
Please refer to para 7 of the circular DOR.CAP.REC.No.86/09.18.201/2022-23 dated
December 01, 2022 on ‘Revised Regulatory Framework for Urban Co-operative Banks
(UCBs) – Net Worth and Capital Adequacy.
2. It has been decided that the instructions shall come into effect from March 31, 2023.
3. All other instructions of the circular ibid remain unchanged.
Yours faithfully,
(R. Lakshmi Kanth Rao)
Chief General Manager-in-Charge
िविनयमन िवभाग,क��ीय कायार्लय, 12 व� और 13 व� मंिजल, क��ीय कायार्लय भवन, शहीद भगत �संह माग,र्फोटर्,मुंबई-400001
दरू भाष: 022-22601000 फैक्स: 022-22705691 ई-मेल: cgmicdor@rbi.org.in
_____________________________________________________________________________________________________________________________________
Department of Regulation, Central Office, 12th and 13th Floor, Central Office Building, Shahid Bhagat Singh Marg, Fort, Mumbai- 400 001
Tel: 022- 2260 1000 Fax: 022-2270 5691 email: cgmicdor@rbi.org.in
�हदं ी आसान ह ै इसका �योग बढ़ाइए