Agreement between NUCFDC-IIA India

India’s urban co-op banks are turning the page—crisis to cautious revival, one metric at a time

Urban Co-op banks are sustaining a positive momentum! Marked by balance sheet expansion, accelerated credit growth, robust profitability, healthy asset quality, improved capital buffers, and a digital push.

Saraswat Bank gets RBI nod for merger with NICBL

Saraswat Co-operative Bank secured RBI's approval for merging with New India Co-operative Bank. The merger takes effect on August 4. Saraswat Bank will assume all assets, liabilities, and customers of New India Co-operative Bank.

NUCFDC and IIA India forge strategic alliance to strengthen audit and governance in Urban Cooperative Banks

NUCFDC and IIA India have partnered to improve internal audit standards and governance in Urban Cooperative Banks (UCBs). They signed an MoU to help UCBs adopt global best practices in auditing, strengthen internal controls, and upgrade professional skill