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Mission SAKSHAM: A Wide-Ranging Training Effort
The initiative, named 'SAKSHAM' (meaning 'to make capable'), is a broad, nationwide training program for the Urban Co-operative Bank (UCB) sector. It includes a wide range of learning options, both in-person and online, intended to reach around 140,000 staff.
Who Will Be Trained?
This training is for everyone from board members and senior managers to heads of critical functions like risk, compliance, and IT. RBI plans to include content in regional languages where practical. The design was shaped by discussions with the Umbrella Organisation of UCBs and cooperative federations.
Goals of the Initiative
Mission SAKSHAM's core goals are to greatly improve the managerial and operational abilities of UCB staff. It also seeks to build a stronger culture of following rules and enhance the sector's ability to handle potential issues. The ultimate goal is to create a self-sustaining system for continuous learning.
Why This Training Matters for UCBs
Governor Malhotra highlighted that the next stage of UCB growth depends on developing better skills, technical abilities, and strong operational resilience. He mentioned the initiative was first announced during the monetary policy review on February 6, 2026.