Mission SAKSHAM

Mission SAKSHAM Latest News

Recently, the Reserve Bank of India (RBI) Governor launched a Mission for Urban Co-operative Banks.

About Mission SAKSHAM

• 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.
• Features

• • Participant Goal: 1.40 lakh individuals across the UCB sector nationwide.
  • Target Groups: 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.
  • Collaboration: Designed with the Umbrella Organisation for UCBs and State/National Federations.
  • Core Objective: To improve compliance culture and strengthen the financial health of cooperative institutions
  • It focuses on establishing a sustainable, self-reinforcing ecosystem for systemic stability and the healthy growth and development of the UCB sector.

Source: BS

‹ ›