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Latest Money & Banking, Financial News Today - news | The HinduBusinessLine

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RBI launches capacity-building training initiative for UCB
2026-04-28 · via Latest Money & Banking, Financial News Today - news | The HinduBusinessLine
It 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.

It 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. | Photo Credit: FRANCIS MASCARENHAS

The Reserve Bank of India (RBI) on Tuesday launched Mission SAKSHAM (SAhkari Bank KSHamta Nirman) - a mission-mode, sector-wide, all-India capacity-building training initiative for Urban Co-operative Banks (UCBs).

The Mission is expected to enhance managerial and operational capabilities, improve the compliance culture, and strengthen institutional resilience across UCBs, per a RBI statement.

It 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.

Under this Mission, which was launched by Governor Sanjay Malhotra, 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, per a RBI statement.

The target groups include Board Members, Senior Management, Heads of Risk, Compliance and Audit functions, and employees working in IT functions and other critical areas.

The central bank said it will 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.

Published on April 28, 2026