Which sector is the ‘Bank in a Box’ initiative associated with?

Amit Shah launched ‘Bank in a Box’ and a 24×7 Security Operations Centre (SOC) in Mumbai, aimed at providing modern digital banking and cybersecurity facilities to Urban Cooperative Banks (UCBs). NUCFDC has been designated as the Umbrella Organisation for UCBs; out of approximately 1,400 UCBs, 650 are members, it has achieved a capitalization of ₹306 crore, and its headquarters will be shifted from Delhi to Maharashtra.