April 2016

KCS 2016 – Rudre Gowda, Director, The Karnataka State Urban Co- operative Banks’ Federation Ltd

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ADOPT NEW TECHNOLOGIES IN CO-OP BANKS

Cooperative institutions have played a vital role in the socio- economic development of the country— particularly in the rural areas, agriculture and allied sectors. It is our firm belief and conviction that the co-operative institutions will continue to play a key role in the economic development of the country and will become more relevant in the changing economic environment. Banking sector has become highly competitive today. Upgradation of professional knowledge and introduction of new initiatives in Urban Cooperative Banks are very important in order to deal with the growing competition. Banks need to come out with better ideas and solutions to empower themselves.

It is our firm belief and conviction that the co-operative institutions will continue to play a key role in the economic development of the country and will become more relevant in the changing economic environment. Banking sector has become highly competitive today. Upgradation of professional knowledge and introduction of new initiatives in Urban Cooperative Banks are very important in order to deal with the growing competition. Banks need to come out with better ideas and solutions to empower themselves.

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