National Cooperative Union of India recently organised a webinar on “RBI Master Directions on Classification, Valuation and Operation of Investment Portfolio” for Urban Cooperative Banks, State Cooperative Banks and District Central Cooperative Banks.
The programme was inaugurated by Rajeev Sharma, Executive Director, NCUI, while the session was moderated by Sh. Anurag, Deputy Director, NCUI. Around 85 participants representing cooperative banks from different parts of the country attended the online programme.
The webinar focused on recent guidelines issued by the Reserve Bank of India regarding investment portfolio management and banking compliance. Special emphasis was laid on Investment Depreciation Reserve (IDR) and Investment Fluctuation Reserve (IFR), which are important components of treasury and investment operations for cooperative banks.
Participants actively engaged in discussions and sought clarifications on various regulatory and operational issues related to investment valuation and portfolio management. The session aimed to enhance understanding of RBI norms and strengthen compliance practices within the cooperative banking sector.