EconomyThursday, 30 April 2026·https://testbook.com/current-affairs/30-april-2026-daily-current-affairs
RBI Mission SAKSHAM to train 1.40 lakh UCB participants in 2026
RBI launched Mission SAKSHAM on 29 April 2026 to build capacity in the urban cooperative banking sector.
Key highlights
Direct fact
In April 2026, the Reserve Bank of India launched Mission SAKSHAM to train about 1.40 lakh participants in the Urban Cooperative Banking (UCB) sector across India.
Key specifics
- SAKSHAM stands for Sahkari Bank Kshamta Nirman.
- The programme covers board members, senior management, and heads of risk, compliance and audit.
- IT and critical-function staff of cooperative banks are also included in the training.
- The initiative uses in-person and e-learning modes, with regional languages for accessibility.
- RBI worked with the Umbrella Organisation of UCBs and national and state cooperative federations.
Exam lens
Question type: banking scheme expansion, acronym and regulator match. Key facts: RBI, Mission SAKSHAM, 1.40 lakh participants, UCB sector, Sahkari Bank Kshamta Nirman. TNPSC one-liner: “Which RBI initiative was launched in April 2026 to strengthen compliance and risk management in urban cooperative banks?”