Overview
- Unveiled at Co-op Kumbh 2025 in Delhi, the NUCFDC suite targets India’s 1,400-plus UCBs serving over 9 crore customers through nearly 11,500 branches.
- Sahakar Digipay provides a centralized UPI switch designed to lower transaction costs while adding fraud detection and risk-mitigation controls for secure, scalable payments.
- Sahakar Digiloan functions as a paperless loan origination system with digital KYC, automated credit assessment, and real-time risk identification to speed lending decisions.
- Shah set rollout goals that include onboarding 1,500 banks within two years and urged NAFCUB to add at least one UCB in every town with over 2 lakh people within five years.
- Officials cited sector improvements with NPAs falling to 0.6% from 2.8% over two years, even as leaders flagged stressed institutions and noted recent RBI curbs on Pusad Urban Co-op Bank.