Ministry pushing RBI to open licences for more urban cooperative banks: Secretary Ashish Kumar Bhutani | India News
3 min readNew DelhiJul 28, 2026 03:02 AM IST The Ministry of Cooperation has urged the Reserve Bank of India (RBI) to open licences for more urban cooperative banks in the country, a top official said on Monday. Speaking at a book release function, Cooperation Ministry Secretary Ashish Kumar Bhutani said that India needs urban cooperative banks (UCBs) in every town of the country. Echoing the views, Satish K Marathe, director, Central Board of RBI, said there are hundreds of districts in the country that do not have UCBs. “Of the 1,450 UCBs in the country, almost 1,100 are in three states — Maharashtra, Gujarat, and Karnataka. The rest of the country has very few (urban cooperative) banks,” Marathe said, speaking after the release of the book ‘Cooperative Management: The Indian Perspective’, co-authored by KK Tripathy, Joint Secretary in the Economic Advisory Council to The Prime Minister. Harekrishna Misra and SK Wadkar co-wrote the book. Responding to the remarks made by Marathe, Bhutani said, “This is one of the biggest, I would say, focus areas …








