RBI has launched a nationwide
capacity-building programme called “Mission SAKSHAM” for Urban Cooperative
Banks
¨
Reserve Bank of India
(RBI) has launched a nationwide capacity-building programme called “Mission
SAKSHAM” for Urban Cooperative Banks (UCBs).
¨ The initiative aims to
improve governance, resilience, and professional standards in the cooperative
banking sector.
¨
It is designed as a
mission-mode exercise to modernise cooperative banking while preserving its
community-focused structure.
¨
The programme will
include both physical and digital training modules across India.
¨
It will cover around 1.4
lakh participants nationwide.
Key objectives of Mission SAKSHAM
¨
Strengthening managerial
and operational capabilities of UCBs
¨
Improving compliance
culture and governance standards
¨
Enhancing institutional
resilience
¨ Aligning cooperative banks with modern banking practices
The term “SAKSHAM” means capable or empowered, reflecting the goal of making cooperative banks more efficient and future-ready in a changing financial environment.
