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Excerpts of RBI report on IT Support to UCBs
Excerpts of RBI report on IT Support to Urban Cooperative Societies
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Slideshow Transcript
- Slide 1: RBI coming forward for UCBs Recommendations of Working Group on IT Support for UCBs Published for comments and suggestions
- Slide 2: Working group consisted of •RBI authorities •NAFCUB representative •State Registrars of two State •Representative from cooperative bank
- Slide 3: Objectives of the working group •Review current level of IT infrastructure of UCBs •Structure a model / benchmark level •Suggest roadmap to achieve IT upgradation •Identify areas in which RBI can provide IT Support •Define nature, scope & delivery mechanism for IT Support from RBI
- Slide 4: Current Scenario Financial Strength: 77 / 1813 banks have > 50% deposits 77 % banks (approx 1400) have 19% deposits 4 MOU states ( MH/ Guj/ AP/ Karnatak) have 72% UCBs
- Slide 5: Current Scenario In terms of branches: Unit banks 894 No
