Mission SAKSHAM:
The Reserve Bank of India (RBI) Governor launched Mission for Urban Co-operative Banks.
- The mission SAKSHAM (Sahakari Bank Kshamta Nirman) is a sector-wide capacity-building and certification framework for urban co-operative banks (UCBs).
- It aims to enhance managerial and operational capabilities, improve compliance culture, and strengthen institutional resilience across UCBs.
- It is a mission-mode, sector-wide and all-India capacity-building training initiative for UCBs, under which the RBI will conduct a large number of training programmes,
- It targets board members, senior management, heads of risk, compliance and audit functions, and employees working in IT functions and other critical areas.
- Delivery Model: Blended learning (in-person and digital) with a focus on regional language accessibility.
- Designed with the Umbrella Organisation for UCBs and State/National Federations.
- Core Objective is to improve compliance culture and strengthen the financial health of cooperative institutions
- It focuses to establish a sustainable, self-reinforcing ecosystem for systemic stability and the healthy growth and development of the UCB sector.
