The world has undergone a major shake up and now is the time for settling down. The testing times have shown us that the banks in the cooperative sector who had the vision to be agile, suffered the least when in comparison to the ones who were rigid and non-Agile. When business is not Agile, the business prospects become fragile.

Agility is a strategy that can work across all the functions like Operations, Business Processes, Corporate governance and Compliance, HR , Risk management and much more. Ultimately an Agile business strategy has also to be strongly backed by and Agile infrastructure and Agile technology.

Cooperative banks have consistently worked slower on technology in most of the cases and thats one of the reasons for which many of them faced extreme difficulties when the world was forced to work form home or operate with limited mobility. The recent spike of RBI fines on banks across the sector has also shown that Banks have not been agile enough with technology and processes to cope up with the regulatory guidelines amongst the other issues.