Urban cooperative banks need to evolve digitally: RBI Deputy Governor
Reserve Bank of India (RBI) Deputy Governor Swaminathan J on Thursday stressed the need for urban cooperative banks to evolve digitally, addressing IT and cybersecurity gaps as he highlighted the importance of improving the liquidation process to protect depositors' interests.
The RBI said the 2nd Conference of State Registrars of Cooperative Societies (RCSs) was co-chaired by RBI Deputy Governors M Rajeshwar Rao and Swaminathan and attended by senior RBI officials. Image: PTI