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Forty of 50 cooperative banks in Uttar Pradesh hit by fraud; loan amounts forged, subsidy money siphoned off
Govt issues minimum FDI requirement for unregistered financial services entities
Low formal credit reach to keep most farmers off loan waivers, says report
RBI allows rural banks to open branches in tier 2 cities without approval
RBI committee to strengthen rural credit structure
The Reserve Bank constituted a committee to suggest ways to strengthen the rural cooperative credit structure in the country.