NUCFDC launches ‘Sahakar PaathShaala’
FinTech BizNews Service
Mumbai, 12 June 2025: National Urban Co-operative Finance & Development Corporation
(NUCFDC) has launched Sahakar PaathShaala; a national-level training and capacity-
building program for Urban Cooperative Banks (UCBs). The inaugural session, held at the
Cosmos Bank Head Office in Pune in presence of Shri Prabhat Chaturvedi, Chief Executive
Officer, NUCFDC; Shri Padmabhushan Bahadure, Chief Technology Officer, NUCFDC; Shri
Adv. Pralhad Kokare, Chairman, Cosmos Bank and Shri Sharad Gangal, Chairman, TJSB
Sahakari Bank.
Participants in Sahakar PaathShaala by NUCFDC
The event saw the convergence of over 100 senior leaders, including CEOs
and Directors from UCBs across Maharashtra, Gujarat, Telangana, and Karnataka.
Speaking about the initiative, Shri Prabhat Chaturvedi, CEO, NUCFDC said, “This is a
defining step towards building a future-ready UCB sector. In alignment with the Government
of India’s vision of Sahakar Se Samriddhi; to strengthen the cooperative sector, Sahakar
PaathShaala aims to strengthen compliance frameworks for UCBs and empower them to
become dynamic, digitally enabled, and future-ready institutions. This is not merely capacity
building; it is a capacity transformation program. The program aims to boost sectoral
excellence and chart sustainable growth for UCBs to thrive in in an evolving financial
landscape”.
Prabhat Chaturvedi (left) , Chief Executive Officer, NUCFDC and Sharad Gangal, Chairman, TJSB Sahakari Bank
This structured, multi-dimensional learning platform offers practical insights into key areas
such as KYC compliance, fraud risk mitigation, and treasury management. Designed
specifically for UCBs, the program goes beyond knowledge-sharing to support institutions in
meeting member goals and keeping pace with evolving regulatory demands. It emphasizes
strengthening governance and compliance, cultivating agile leadership to manage risk and
drive growth, building a digitally skilled workforce, and accelerating digital transformation
through enhanced adoption of technology and IT tools.
NUCFDC also unveiled the Sahakar PaathShaala Digital Learning Platform. This gamified,
multilingual portal allows UCB professionals to learn flexibly, anytime, anywhere.
Inaugurated by Shri Sharad Gangal, Chairman, TJSB Bank, the platform supports
continuous learning in English and major regional languages.
Concurrently, NUCFDC rolled out the 'Sahakar PaathShaala Interactive Webinar Series',
scheduled for the second and fourth Fridays of each month. These webinars will serve as
an ongoing dialogue and learning forum for Chairmen, CEOs, and senior management of
UCBs.
