Amit Shah's Co-op Vision: Bank in Every Town, Digital Credit Expansion

• Amit Shah inaugurated NAFCUB-COOPKUMBH 2025, focusing on the future of India's urban co-operative banking sector.
• The "Delhi Declaration 2025" aims to expand co-operative banking, targeting a co-operative bank in every town with 2 lakh population within five years.
• Digital initiatives like Sahkar Digipay and Sahkar-Digiloan apps are being promoted, with NAFCUB directed to onboard 1,500 banks on Sahkar Digipay within two years.
• The Ministry of Cooperation introduced the National Co-operative Policy 2025 to modernize the sector and established Tribhuvan Sahkari University for education.
• Urban Co-operative Banks (UCBs) have improved their viability, reducing non-performing assets (NPAs) from 2.3% to 0.6% since 2023.

Why It Matters: India's co-operative banking expansion will boost financial inclusion for millions.