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NAFCUB: Urban co-op banks’ body to establish umbrella organisation

To cater to their technology, liquidity, and capital needs, and also to ensure that banks in the sector do not close down, National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) plans to set in motion the process of establishing an umbrella organisation for the 1,551 urban cooperative banks (UCBs) in the country. (Business Line)

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