# Amit Shah tells urban cooperative banks to trust RBI 2026-08-08T11:46:18+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Union Cooperation Minister Amit Shah on Saturday asked urban cooperative banks (UCBs) to see the RBI as a helpful regulator, not an adversary. Speaking at the inauguration of the NUCFDC building at BSE Mumbai, Shah listed relaxations such as liberalised branch opening, doorstep banking, demand draft facilities, and a dedicated nodal officer for UCBs, which hold over Rs 6 lakh crore in deposits. He also cited his own UCB's experience with small borrowers, claiming a repayment rate over 99% on Rs 2.5 lakh collateral-free loans. The RBI's recent move to advance on-tap licensing for UCBs, ending a two-decade pause, signals a thaw. Shah urged all 1,400 UCBs to join the umbrella body for technical and cyber security support, comparing the sector's growth potential to Amul. ## Coverage - thehindu.com - deccanherald.com Tags: Amit Shah, banking regulation, cooperatives, NUCFDC, RBI, Urban cooperative banks Canonical: https://indianopinion.org/amit-shah-urges-ucbs-to-look-at-rbi-differently/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/amit-shah-urges-ucbs-to-look-at-rbi-differently/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.