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The Reserve Bank has been taking various regulatory and supervisory measures to support the Urban Cooperative Banking (UCB) Sector. In continuation of these efforts, the Governor, Reserve Bank of India today launched Mission SAKSHAM – a mission-mode, sector-wide, all-India capacity-building training initiative for UCBs. Under Mission SAKSHAM (“सक्षम” – meaning to make capable / competent), a large number of training programmes (in-person as well as e-learning courses) would be conducted for UCBs, covering about 1.40 lakh participants, for various target groups, viz., Board Members, Senior Management, Heads of Risk, Compliance and Audit functions, and employees working in IT functions and other critical areas. The Reserve Bank shall endeavour to conduct these training programmes with content delivery in regional languages to the extent feasible. The Mission has been designed in consultation with the Umbrella Organisation of UCBs and the National / State Cooperative Federations. The Mission is expected to enhance managerial and operational capabilities, improve the compliance culture, and strengthen institutional resilience across UCBs. Mission SAKSHAM aims to establish a sustainable, self-reinforcing ecosystem for continuous learning, contributing significantly to systemic stability and healthy growth and development of the UCB sector. (Brij Raj) Press Release: 2026-2027/161 |
