The National Federation of Urban Cooperative Banks and Credit Societies Ltd. (NAFCUB) is an Apex Level Promotional body of Urban Cooperative Banks and Credit Societies Ltd. in the Country. Our main objective is to promote the urban cooperative credit movement and protect the interest of the Sector. The Federation was registered under the Multi-State Cooperative Societies Act as a Multi State Cooperative Society on 17th February, 1977. The Registered Office of NAFCUB is at Delhi and the area of operation is whole of the country. We represent around 1600 Urban Cooperative Banks and more than 50,000 Cooperative Credit Societies functioning all over India. Some of the personalities to mention are Former President of India Her Excellency Smt. Pratibha Devisingh Patil, Hon’ble Union Minister of Minority Affairs Shri Rahman Khan, Shri H.K. Patil, Hon’ble Minister of Rural Development and Panchayat Raj, Government of Karnataka, Former Deputy Chief Minister Gujarat, Late Shri Atmarambhai Patel, Former Union Minister Shri Suresh Prabhu, Former Minister of State for Finance Late Dr. S.S. Sisodia, many Members of Parliament, Members of State Legislatives and Councils of different States and many other distinguished personalities.
Vision & Mission
NAFCUB is committed to work towards building a strong and viable urban co-operative banking and credit system across the Country, to strive for level playing field for the institutions, to be an effective voice of the sector, to work towards eliminating visible weaknesses and infirmities, to provide the training and other support and to knit the institutions into a cohesive unit for them to benefit from strength of being in co-operative system.
Permission sought. Urban co-op banks want RBI to permit them to undertake one-time settlement of bad loans
RBI should get free of obsession of equating UCBs with SFBs: Jyotindra Mehta President NAFCUB
Enhancement of PSL targets & compulsion to invest shortfall amount in SIDBI bonds for UCBs
Saraswat Bank acquires cutting edge technology from Tagit; Jyotindra Mehta President NAFCUB claps
Budget Proposals and Cooperative Sector.
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