It is highly desirable on social as well as on economic grounds, that members of this  BIS Review 96/2009  3  class should be enabled to be brought into the banking fold and the UCBs certainly can take a lead into this.
Role of RBI – efforts to ensure sustainable growth and functioning of UCBs While the cooperative banking sector had shown spectacular growth during the 1990’s exhibiting substantial potential for sustained growth, there were also concerns regarding inherent weakness of some of the entities over the years resulting in erosion of public confidence and causing concern to the regulators as also to the sector at large.