The Reserve Bank of India’s SAKSHAM initiative received a major boost with a high-level capacity-building programme for Urban Cooperative Banks (UCBs), reinforcing governance, risk management and regulatory compliance across the sector.
Held at the Arya Chanakya Training Centre of Dombivli Nagari Sahakari Bank, the programme brought together chairpersons, directors, CEOs and senior executives from ten UCBs across Thane and Mumbai.
Organised by Sahakar Bharati Sahakar Prashikshan Sahakari Sanstha, the training covered board effectiveness, enterprise-wide risk oversight, cybersecurity, digital customer due diligence, AML compliance and credit risk management.
RBI Deputy General Manager Pawan Pandit stressed the importance of strong governance for effective decision-making, while General Manager Shiny Sunil highlighted resilient risk oversight frameworks. RBI’s Akshay Gholve focused on emerging cyber threats and regulatory expectations, Harpreet Chhabra of TJSB Sahakari Bank discussed digital KYC and fraud prevention, and RBI Manager Amit Meena emphasised building a robust credit risk culture.
Hosted with the support of Dombivli Nagari Sahakari Bank, the programme reaffirmed RBI’s commitment to creating stronger, future-ready Urban Cooperative Banks through its SAKSHAM initiative.
