# Amit Shah tells urban cooperative banks to join NUCFDC 2026-08-08T15:37:32+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Union Home and Cooperation Minister Amit Shah on Saturday inaugurated the new office of the National Urban Cooperative Finance and Development Corporation (NUCFDC) in Mumbai and urged all 1,400 urban cooperative banks (UCBs) to join the umbrella body for technological support and to boost depositor confidence. Shah said the RBI has proactively helped the sector by liberalising branch openings, raising gold loan limits, allowing doorstep banking, and appointing a dedicated nodal officer. The RBI, after a pause of over two decades, has decided to resume issuing licences to UCBs. Shah noted that UCBs hold deposits of about Rs 6 lakh crore, with Maharashtra alone housing 449 banks. He added that NUCFDC will provide software like Mule Hunter, training, and guidance on RBI compliance. ## Coverage - thehindu.com - businesstoday.in - ndtvprofit.com Tags: Amit Shah, banking, NUCFDC, RBI, technology, Urban cooperative banks Canonical: https://indianopinion.org/amit-shah-asks-coop-banks-to-join-umbrella-body-for-tech-support/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/amit-shah-asks-coop-banks-to-join-umbrella-body-for-tech-support/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.