New Delhi, Dec. 5 -- union Home and Cooperation Minister Amit Shah today said that the Rural Cooperative Banks are strengthening the economy of rural India and ensuring economic progress of the country's villages.

He said that to make the rural banks, and financial institutions modern, fast, secure, and competitive, the 'Sahkar Sarathi Private Limited (SSPL)' and its 14 new services and products have been launched.

According to Shah, these initiatives will make cooperative banking fast, secure, transparent, technology-enabled, and consumer-centric, and will enable them to provide quality services comparable to commercial banks.

Additionally, facilities such as paperless loan systems, easy verification through the e-KKC portal, and real-t...