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Classification of Urban Cooperative Banks (UCBs) for Regulatory Purposes - Revised Norms

Banks in India are categorized for regulatory purposes as under:

(a) Tier I Banks: Unit banks i.e. banks having a single branch / HO with deposits up to Rs. 100 crore and banks having multiple branches within a single district with deposits up to Rs. 100 crore

(b) Tier II Banks: All other banks.

2.On 7th March 2008, Reserve Bank of India has amended the definition of Tier I banks and accordingly banks may be classified in Tier I category for regulatory purposes as under:

(a) Tier I banks :

i) Unit banks i.e. banks having a single branch / Head Office and banks with deposits below Rs.100 crore, whose branches are located in a single district.

ii) Banks with deposits below Rs.100 crore having branches in more than one district, provided the branches are in contiguous districts and deposits and advances of branches in one district separately constitute at least 95% of the total deposits and advances respectively of the bank.

iii) Banks with deposits below Rs.100 crore, whose branches were originally in a single district but subsequently, became multi-district due to reorganization of the district.

(b) Tier II Banks: All other banks.

As hitherto, the deposit base of Rs. 100 crore will be determined on the basis of average of the fortnightly Net Demand and Time Liabilities in the financial year concerned. Similarly, advances will be determined on the basis of fortnightly average in the financial year concerned.

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