Belgaum: In a matter of pride for Belgaum, noted cooperative sector expert and native of the city Dinesh Oulkar has been appointed Chairman of a high-level committee constituted by the Reserve Bank of India (RBI) to draft Model Bye-Laws for the Urban Cooperative Bank (UCB) sector.
According to the RBI order issued on June 1, 2026, the committee has been formed to prepare a comprehensive framework of model bye-laws for Urban Cooperative Banks across the country. The initiative aims to strengthen governance standards, ensure regulatory compliance, and facilitate capital raising within the cooperative banking sector.
A retired Additional Commissioner and Special Registrar in Maharashtra’s Cooperation Department, Dinesh Oulkar brings decades of experience in cooperative administration and banking regulation. Recognizing his expertise, the RBI has entrusted him with leading this important national-level committee.
The committee comprises several distinguished banking and cooperative sector professionals and has been tasked with submitting a draft of the model bye-laws within three months of its first meeting.
Oulkar’s appointment to such a significant role by India’s central bank is being seen as a proud achievement for Belgaum and a recognition of his longstanding contribution to the cooperative movement and banking sector.
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