RBI Launches Mission SAKSHAM for Urban Co-operative Banks
Why in the news
The Reserve Bank of India began a sector-wide capacity-building drive for urban co-operative banks (UCBs) on 28 April 2026.
Key facts
- Name: Mission SAKSHAM = Sahkari Bank Kshamta Nirman.
- Launched: 28 April 2026 by the RBI.
- Scale: about 1.40 lakh participants.
- Areas: governance, risk, compliance and IT.
About the mission
The mission seeks to improve managerial and operational skills in UCBs, strengthen compliance and build a continuous learning ecosystem. It was shaped through consultations with the Umbrella Organisation of UCBs and national and state-level co-operative federations.
Exam angle
- Expand the name: Sahkari Bank Kshamta Nirman.
- Target group: Urban Co-operative Banks.
- Participants: 1.40 lakh.
- RBI-launched initiatives are a core topic for banking and NABARD/RBI papers.