The urban co-operative banks (UCBS): Problems and prospects

The growth of the UCBs was much attributed to their better local reach, personal interaction with customers and their ability to catch the nerve of the local clientele. Human resources and appropriate technology coupled with a responsive organizational structure and similar issues add to their problems of inadequate internal supervision. Political affiliations are another concern, reemphasizing the need for visionary leaders with mission. Urban Co-operative banking Sector is an important constituent of Multi Agency banking system operation in the country. These institutions play an important role in the economic enlistment of lower and middle-income group of persons.