National Current Affairs
Sahakar Sarathi
- 17 Dec 2025
- 2 min read
Why in News?
The Government of India has established Sahakar Sarathi, a Shared Service Entity (SSE), to modernise and digitally empower Rural Cooperative Banks (RCBs).
Key Points
- Establishment of Sahakar Sarathi: Sahakar Sarathi (SSE) has been set up with the approval of the Reserve Bank of India (RBI) to strengthen the technological and service capabilities of Rural Cooperative Banks.
- Date of Registration: The entity was registered on 21 July 2025 with the aim of providing shared infrastructure for cooperative banking digitalisation.
- Authorised Capital & Shareholding: Sahakar Sarathi has an authorised capital of ₹1,000 crore, with equal 33.33% shareholding each for NABARD, NCDC, and Rural Cooperative Banks.
- Services Provided: It offers shared modern banking infrastructure and digital services including: Common Core Banking Solutions (CBS), Digital payments like AePS and UPI, Cybersecurity, IT governance etc.
- Purpose & Impact: The initiative seeks to help RCBs provide modern, standardised, and digital banking services, enhance customer reach, and improve operational efficiency comparable to other regulated financial institutions.
