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Urban Cooperative Banks: Issues and Prospects
Economic and Political Weekly
Vol. 38, No. 15 (Apr. 12-18, 2003), pp. 1505-1513
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4413434
Page Count: 9
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Against the backdrop of a review of the performance of the urban cooperative banks (UCBs), this article discusses the issues raised by the recent turbulence in the sector typified by the Madhavpura Bank episode and its fallout. From the regulators' point of view, the agenda for reform of UCBs is fourfold: aligning the UCB sector with the rest of the financial system, deciding the future of weak bank entities, improving governance and resolving the issues arising from dual control.
Economic and Political Weekly © 2003 Economic and Political Weekly