RBI Rolls Out Measures to Strengthen Cooperative Banks’ Financial Health, Governance and Digital Inclusion

• RBI, in consultation with the Government of India, has rolled out a package to strengthen cooperative banks through (i) revised Priority Sector Lending (PSL) norms routing credit via NCDC, and (ii) a shared-services digital backbone called Sahakar Sarathi/Sarthi for Rural Cooperative Banks (RCBs).
• Aspirants must view this as the financial-architecture pillar of the broader "Sahakara se Samriddhi" agenda of the Ministry of Cooperation, intersecting GS-III (Indian Economy — Banking, PSL) and GS-II (Governance).