The Reserve Bank of India has launched Mission SAKSHAM, a nationwide training initiative aimed at enhancing the capabilities of urban cooperative banks (UCBs). The program will provide training for approximately 140,000 participants, focusing on improving managerial skills, compliance culture, and institutional resilience.

• 01Mission SAKSHAM is a sector-wide capacity-building initiative by the Reserve Bank of India.
• 02The program aims to train about 140,000 participants in urban cooperative banks.
• 03Training will include both offline and e-learning courses.
• 04Key focus areas include managerial capabilities and compliance culture.
• 05Participants will include board members, senior management, and IT staff.

This initiative is expected to enhance the operational efficiency and compliance standards of urban cooperative banks, potentially leading to better services for customers and increased stability in the banking sector.