UCB sector in India needs to have the benefit of an Umbrella Organization of its own customized to the legal framework in India and the challenges of the sector. In India only scheduled UCBs have direct access to liquidity support from RBI in the form of refinance. Other UCBs are dependent on District Cooperative Banks / State Cooperative Banks for their liquidity needs.
Some District Cooperative Banks / State Cooperative Banks are themselves  BIS central bankers’ speeches  5  financially not well. There is also a need to provide the management, IT and training and other services which the UCB sector needs. 31.