The United Western Bank’s Late  R. N. Godbole Chair in Financial Management and Banking Research is a prestigious chair in the area of banking & finance. It has been constituted at Department of Commerce and Management by Shivaji University in collaboration with then The United Western Bank Ltd in the year 2000. The chair has organized  National workshops and National Seminars on various important issues in financial sector. It has published 13 books on various topics such as micro-finance, financial institutions, cooperative movement, foreign investment, service tax and financial inclusion etc. 
The Chair also has a distinct feature of organizing Late. R. N. Godbole Memorial Lecture every year on the occasion of the Birth Anniversary of Late. R. N. Godbole on a topic which has contemporary significance. The Chair has organized 8 memorial lectures on various issues related to Banking, Economy, Finance, Cooperation etc. which have been delivered by the eminent bankers and academicians.