Arunachal Pradesh State Cooperative Apex Bank Administrator, Habung Lampung said the bank recovered Rs 37 crore by the end of March 2019 and that the bank was focused on recovery and hundred percent compliance with the Nabard team’s observation during inspection.
Lampung was addressing a meeting at the AP Cooperative Training Center, reports Arunachal Times.
Lampung said LAMPS were not developing fast enough but the bank would revive them with the help of the state government and the NABARD.
Earlier presenting the latest annual report, Apex Bank MD Tsering Thongdok said “the bank had made an increase in its CASA deposits and was doing well on all parameters.
Cooperation RCS Tai Kaye, chairmen and members of cooperative societies, departmental officers, and the bank’s officials were present on the occasion.