MUMBAI, India, Jan. 13 -- Reserve Bank of India issued the following press release:

As announced in the Governor's Statement on October 01, 2025, the Reserve Bank has today published a discussion paper on licensing of UCBs.

2. Comments are invited from public / stakeholders till February 13, 2026. Comments may be submitted through the link under the 'Connect 2 Regulate' Section available on the Reserve Bank's website. Alternatively, comments/feedback may also be forwarded to:

The Chief General Manager

Reserve Bank of India

Department of Regulation

Registration and Licensing Section (Co-operative Banks)

12th Floor, Central Office

Shahid Bhagat Singh Marg, Fort, Mumbai - 400001

or by email with the subject line "Feedback on Discussion Paper on Licensing of UCBs".

(Brij Raj)

Chief General Manager

Press Release: 2025-2026/1912

Disclaimer: Curated by HT Syndication.