To foretell what would be the fate of urban co-operative banks (UCBs) in the next 25 years is like predicting whether there would be timely and sufficient rainfall in Ahmednagar district. It is very difficult to talk about the future of any banking institutions. I have seen an unparalleled change in banking industry over the last 25 years. Acceptance of deposits, lending and investment in government securities as dictated by Reserve Bank of India still continues to be hardcore of banking but money transfers in no time and similar services based on computer systems and internet services through service delivery channels and payment gateways has acquired a tremendous significance..........
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