Source: TH
Why in News?
The Reserve Bank of India (RBI) has announced the launch of Mission SAKSHAM (Sahakari Bank Kshamta Nirman), a sector-wide capacity-building and certification framework aimed at strengthening Primary (Urban) Cooperative Banks (UCBs).
What is Mission SAKSHAM?
- A nationwide capacity-building initiative for UCBs
- Focuses on:
- Skill development
- Technical capabilities
- Operational resilience
- Designed as a structured training and certification framework
Key Features
- Target group:
- Primary (Urban) Cooperative Banks (UCBs)
- Coverage:
- Around 1.4 lakh (140,000) participants
- Across multiple functions within UCBs
- Mode of implementation:
- Large number of physical training programmes
- A scalable digital learning platform
- Nature of programme:
- Sector-wide
- Certification-based
- Focused on long-term institutional strengthening
