A one-day workshop for State Co-operative Banks and District Central Co-operative Banks was recently organised at the Pune District Central Co-operative Bank (PDCC Bank) to facilitate effective implementation of the Reserve Bank of India’s revised Master Directions for Rural Co-operative Banks (RCBs).
The workshop was inaugurated by PDCC Bank Vice Chairman Shri Sunil Chandere, in the presence of the Chief Executive Officers of participating District Central Co-operative Banks. Chairman Prof. Dr. Digambar Durgade emphasised the importance of coordinated and collective functioning among co-operative banks.
Chartered Accountant Uday Kulkarni provided technical guidance, while senior officials from the State Co-operative Bank and 15 District Central Co-operative Banks across Maharashtra participated. The programme concluded with discussions on strengthening regulatory compliance and governance in the co-operative banking sector.
The Reserve Bank of India (RBI) has undertaken an extensive review of nearly 9,000 circulars, guidelines, and regulatory instructions, consolidating them into 238 Master Directions for the banking sector. The updated sector-wise Master Directions, published on November 28 and December 4, 2025, replace earlier circulars and are aimed at improving regulatory compliance and operational clarity.
RBI has also issued specific Master Directions for State Co-operative Banks and District Central Co-operative Banks, which are required to align their policies and procedures accordingly.
In this context, the workshop focused on a comparative review of the new Master Directions with existing bank policies and on preparing an action plan for revised procedures and implementation.