RBI proposes to issue new capital-raising avenues for UCBs. NUCFDC CEO says stronger capital options are vital for stability, growth, and enhanced competitiveness.
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.
An Initiative to accelerate digital transformation of Urban Cooperative Banks by selecting and connecting high-potential tech innovators for deployment of compliant, scalable and indigenous solutions.
NUCFDC plans to urge regulator to let smaller UCBs with net worth below INR 50 crore offer digital services to their customers, supported by secure shared digital infrastructure.
NUCFDC launches Sahakar Digipay and Sahakar Digiloan to drive digital transformation of UCBs. The innovations will boost efficiency, cut costs, and equip UCBs with advanced digital tools.
