New Delhi, Feb. 19 -- Union Home Minister Amit Shah, who also holds the portfolio of the Cooperation Ministry will inaugurate the umbrella organisation for the urban cooperative banking sector on March 2 in New Delhi.

Jyotindra Mehta, Chairman of National Urban Cooperative Finance and Development Corporation Ltd (NUCFDC) announced that consequent upon the Reserve Bank of India issuing the Certificate of Registration (COR) to NUCFDC to function as an NBFC and become the umbrella organisation for the sector being formally launched on March 2, 2024, at a function in Vigyan Bhavan, New Delhi which will be graced by Union Home and Cooperation Minister Amit Shah.

Mehta said that with the issuance of COR by RBI, NUCFDC will function as an Umbr...