RBI has been conducting seminars / workshops / focused training sessions for directors / officers / staff of UCBs. This is an on-going exercise and our goal is to ensure that all Directors are covered under the training programme at the earliest. 19.
But they play an extremely important role in furthering financial inclusion in the sense that they bring people and communities into the fold of the formal financial system. 9 Further, the initiatives are technology driven so as to make the financial services deliverable in a cost effective manner, tailor made by the market participants to best suit their requirements.