Archive · 25 Sep 2025
NUCFDC and CSC Partner to Digitize Urban Cooperative Banks
NUCFDC, which supports Urban Cooperative Banks (UCBs), is working with CSC to digitize these banks.
They'll start with online services like identity verification and digital signatures, followed by internet and mobile banking.
This partnership aims to make banking easier and more secure for customers.
The digital transformation includes cybersecurity measures and focuses on financial inclusion and making UCBs more efficient and compliant.
NUCFDC and CSC e-Governance Services partnered to digitize Urban Cooperative Banks (UCBs).
The partnership aims to equip UCBs with secure and compliant digital infrastructure.
The rollout includes eKYC, eSign, and cybersecurity solutions in the first phase.
Subsequent phases will introduce internet and mobile banking.
A joint governance team will oversee implementation and provide training.
- Who
- NUCFDC and CSC e-Governance Services India Ltd
- What
- Signed an MoU to equip UCBs with digital infrastructure
- When
- September 25, 2025
- Where
- India
- Why
- To modernize UCBs and promote financial inclusion
- Partners
- NUCFDC, CSC e-Governance Services India Ltd
- Goal
- Equip UCBs with digital infrastructure
- Services
- eKYC, eSign, cloud hosting, cybersecurity, internet banking, etc.
- Implementation
- Phased rollout
- Oversight
- Joint governance team
- Focus
- Financial inclusion and modernization