Economy News

Sahakar Sarathi

December 20 , 2025 14 hrs 0 min 58 0

The Government of India launched Sahakar Sarathi, a Shared Service Entity, to modernise Rural Cooperative Banks (RCBs) with technology-driven services.
Sahakar Sarathi was registered on 21 July 2025 after approval from the RBI.
It has an authorised capital of ₹1,000 crore with equal shareholding among NABARD, National Cooperative Development Corporation, and participating RCBs.
The entity provides Core Banking Solutions (CBS), digital payment platforms like Unified Payments Interface (UPI) and Aadhaar-enabled Payment System (AePS), cybersecurity support, and IT governance.
Sahakar Sarathi aims to improve customer access, operational efficiency, and adoption of modern banking technology in Rural Cooperative Banks.