Regarding the National Urban Co-operative Finance and Development Corporation (NUFCDC), consider the following statements:
1. It has been established to function as an umbrella organization for the Urban Cooperative Banks (UCBs) in India.
2. It is regulated by the Securities and Exchange Board of India (SEBI).
3. One of its primary objectives is to modernize and strengthen the IT infrastructure of UCBs.
Which of the statements given above are correct?