MUMBAI: The RBI held a conference for directors of tier-3 and -4 urban co-operative banks (UCBs) in the Mumbai zone. This is part of the regulator's initiative to improve governance in banks by engaging with directors and not just the management.RBI has started engaging with the directors of its regulated entities functioning in different segments of the financial system. Two conferences were held with directors on boards of public sector banks and private sector banks in May 2023.RBI governor Shaktikanta Das pointed out that although UCBs as a...