RBI Unleashes New Rules for Urban Co-Op Banks, Let's Go!

Alright, folks! The RBI is finally shaking off the dust and getting ready to drop some lit guidelines for urban co-op banks! They’re saying you need a whopping ₹300 crore just to get in the game, plus a 12% capital ratio to flex on the competition. And if you’re a single-state bank? You better bring the vibes or you’re outta here!