NAFCUB
*** Please note - NAFCUB - GSTIN - 07AAAAN2279F1ZO *** NAFCUB Submission to Governor, RBI on Constitution of BoM in UCBs - 27.01.2020 *** Submission to Governor RBI on Relaxation in Regulatory norms of IRACP *** Ministry of Home Affairs Order allowing Coop Credit Societies - 16.04.2020 *** Supreme Court allow UCBs to take action under SARFAESI Act *** Ordinance on UCBs - June 2020 *** Banking Regulation (Amendment) Bill, 2020 *** NAFCUB Letter to Governor, RBI on Voluntary Transition of UCBs on SFBs dated 17.08.2020 *** NAFCUB Letter to Governor, RBI on BoM - 17.08.2020 *** Covid-19 Relief - Scheme for grant of ex-gratia payment - Operational Guidelines *** APEX COOP FINANCE & DEVELOPMENT LTD - Notice for EGM to be held on 08.12.2020 *** Pre-Budget submission on Credit Societies to Hon'ble Finance Minister *** Letter to DG RBI Reg. Dividend-BOM-Br. license - 21 Feb 2021 *** Technology Vision for Cyber Security for UCBs - 2020 - 2023 dated 24.09.2020 *** Letter to DG - RBI - Constitution of Expert Committee - 19.02.2021 *** Master Direction - Amalgamation of Urban Cooperative Banks, Directions, 2020 dated March 23, 2021 *** Annual Membership Subscription Proforma - 2021-2022 *** Appointment of Managing Director/Whole Time Director in UCBs - Request for Details from UCBs *** NAFCUB Letter to UCBs on Issue and Regulation of Share Capital & Securities dated 14.07.2021 *** NAFCUB - CAB Online Training Programme on Internal Audit and Compliance Management - 09 to 11.08.2021 *** NAFCUB Letter to Governor, RBI on Appointment of MD / WTD in UCBs - 16.07.2021 *** Report of Expert Committee on Urban Cooperative Banks - July 31, 2021 *** NAFCUB 45th AGM on 27.09.2021 at New Delhi - Request for Nominations from member institutions

Achievements

Some of the important achievements of NAFCUB are:-

During the past 36 years of its existence, NAFCUB has attained recognition as the Spokesman of the Sector.
Conferment of Scheduled Status to Urban Cooperative Banks.
Formation of Standing Advisory Committee by Reserve Bank of India in 1983 as the highest consultative forum.
Constitution of Marathe Committee for liberal Branch License policy 1992-93.
Flexibility in Investments of SLR Funds by Urban Cooperative Banks.
Containment of Madhavpura Bank crises by involvement by working out a scheme and its implementation.
Getting significant relaxation for Urban Cooperative Banks in classification of their Investments in Govt. securities.
Convening RBI to draw Vision Document for Urban Cooperative Banking Sector and to encourage consultative approach for regulation of Urban Cooperative Banks by signing MOU with State Governments.
Acceptance of Vision Document paving their way for differential Prudential Norms for tier I & II Banks.
Formation of TAFCUB in almost all the states and encouraging for voluntary Merger of UCBs to ensure non-descriptive exit of non-viable Banks.
NAFCUB is member of all important Committees constituted by the RBI. A few committees are:
  • Formation of Umbrella organization for UCBs.
  • Technology Support to UCBs.
  • Alternative avenues of raising capital by UCBs.
  • College Advisory Committee of College of Agriculture Banking, Pune.
Providing a weekly capsule of developments in the Banking Sector to Urban Banks by publishing a regular weekly newsletter “ Coop Banking “ & Quarterly Journal “ Urban Credit”.
Organizing Seminars and regular training programmes on specialized topics relating to Urban Cooperative banks and Credit Societies.
National launch of Core Banking Solution (CBS) for Urban Cooperative Banks, particularly for smaller bank at Ahmadabad on 25th December, 2010.
Promoting to undertake Research in the field of Urban Cooperative Banking Sector.
 
 

 

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