Co-op News Snippets
Co-op Banks upgraded with Rs 160cr investment
Under Chief Minister Bhagwant Singh Mann, Punjab has made notable strides in strengthening the cooperative sector in 2024. Cooperative banks...
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Ordinance aims to clear misconceptions on Co-op Sector: Nepal
Minister for Land Management, Cooperatives, and Poverty Alleviation of Nepal, Balaram Adhikari, emphasized that the government introduced an Ordinance to...
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NCDC hosts training for FPO officials in Chhattisgarh
The Regional Training Center (RTC) of NCDC-LINAC, Raipur, organized a one-day training program aimed at enhancing the skills of officials...
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Two phases of PACS computerization over: Rajpal
Rajasthan Principal Cooperation Secretary and Registrar of Cooperatives Mrs. Manju Rajpal informed that in the first and second phases of...
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BSNL Engineers Co-op Society suffers heavy losses
The BSNL Engineers Cooperative Society has suffered a Rs 260.18-crore loss due to unauthorized loans and fake investment documents, according...
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Of 351 DCCBs, 312 reported profits: RBI Report
The Reserve Bank of India (RBI), in its latest Trend and Progress of Banking in India 2023-24 report, revealed a...
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Despite reduction in balance sheets, SCARDBs’ net Interest Income rose
In its latest report, the Reserve Bank of India (RBI) highlighted the performance of long-term credit cooperatives, noting that State...
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PACS profits rise by 18%, losses decline by 4%: RBI Report
The Reserve Bank of India (RBI), in its latest report, provided an in-depth analysis of the performance of Primary Agriculture...
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Unlike last year, UCBs missed revised PSL target for 23-24
According to the RBI’s report, Urban Cooperative Banks (UCBs) missed the revised priority sector lending (PSL) target set for the...
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RBI fines four UCBs of Karnataka for non-compliance
The Reserve Bank of India imposed monetary penalties on four urban cooperative banks of Karnataka for non-compliance with certain directions...
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Shah rolls out RuPay Kisan Cards for farmers
Union Home Minister and Minister of Cooperation Amit Shah distributed RuPay Kisan Credit Cards and Micro-ATMs to 10 cooperative societies,...
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Depositors of Bhubaneswar UCB to get refund: CM Manjhi
Odisha Chief Minister Mohan Charan Majhi announced on Wednesday that his government would ensure the return of money to depositors...
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Jogindra Co-op Bank marks 100 years with excellence
Jogindra Central Cooperative Bank Limited, Solan, celebrated its centenary with remarkable achievements, including zero net non-performing assets (NPA) and a...
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Sarang unveils plan for PACS in every panchayat
Madhya Pradesh Cooperatives Minister Vishwas Kailash Sarang emphasized the importance of expanding Primary Agricultural Cooperative Societies (PACS) at the Panchayat...
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Primary dairy co-ops to have Micro ATMs: Shah
While addressing an event in PUSA, Delhi on Wednesday, Union Home and Cooperation Minister Amit Shah said that every primary...
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