Not one co-operative bank placed under the RBI’s watchlist in the last decade has been revived. The regulator has neither the manpower nor the powers or a blueprint to revive the co-operative banks. Comment. Suggest measures to improve the conditions of co-operative banks.

6. Not one co-operative bank placed under the RBI’s watchlist in the last decade has been revived. The regulator has neither the manpower nor the powers or a blueprint to revive the co-operative banks. Comment. Suggest measures to improve the conditions of co-operative banks. (250 words)

Reference: Indian Express