Tag Archives: Controlling Offices

Licensed UCBs can open one controlling office without RBI approval

Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS) RBI/2015-16/438 DCBR.CO.LS (PCB) Cir.No.19/07.01.000/2015-16 June 30, 2016 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir / Madam, Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949… Read More »