(a) Allowing them to open new branches
(b) Implementing stricter lending regulations
(c) Decreasing the time frame to meet priority sector lending targets
(d) Removing the need for board approval in policy decisions
Ans.(a)
Sol. The RBI has notified that urban co-operative banks can now open new branches without prior approval, up to a maximum of 10% of the total number of branches in the previous financial year.
