National Urban Cooperative Finance and Development Corporation Limited

• 05 Mar 2024

On 2nd March, Union Home Minister launched the National Urban Cooperative Finance and Development Corporation Limited (NUCFDC), aiming to strengthen Urban Cooperative Banks.

• The move aligns with PM’s vision to elevate the cooperative movement into a people's movement, ensuring rapid progress.
• NUCFDC aims to strengthen Urban Cooperative Banks, expand their services, and enhance compliance with RBI regulations.
• The organization serves as a gateway for solving issues faced by Urban Cooperative Banks, promoting self-regulation and growth.