Context
The Reserve Bank of India (RBI) has recently introduced “Mission SAKSHAM,” an initiative aimed at strengthening capacity in the urban cooperative banking sector.
About Mission SAKSHAM
- This initiative focuses on building a stronger, more stable ecosystem for the sector, with long-term emphasis on growth, resilience, and better governance.
- It has been designed after discussions with key stakeholders, including cooperative federations and umbrella bodies of urban cooperative banks.
- The programme targets large-scale capacity building, covering nearly 1.4 crore participants across the country.
- Training will be delivered through a mixed approach:
- Classroom sessions
- Digital and e-learning modules
- It aims to improve:
- Management skills
- Regulatory compliance
- Risk handling and operational efficiency
- Overall institutional strength
- Participants will include bank board members, senior executives, and risk management professionals.
- The initiative will be implemented across India in a mission-mode format to ensure wide reach and consistency.
- Learning content will also be made available in regional languages to improve accessibility.
