Cooperatives and Social Welfare Secretary of J&K, Dr Farooq Ahmad Lone kicked off Co-op Week at the premises of Jammu Central Cooperative Bank (JCCB) as part of the ongoing 65th Cooperative Week celebrations.
Speaking on the occasion Lone said that the government was planning to bail out ailing Cooperative Banks in the state soon by infusing capital to revive them, according to a UNI report.
Lone stated that JCCB had done well in the past since its inception. He said that the bank must endeavour to run along thoroughly professional lines.
Total deposits of the bank stands at Rs 1503.57 crore with 300000 account holders. Bank has sanctioned Kissan Credit Cards to more than forty thousand members.
Secretary said that the week-long celebrations provide an opportunity to disseminate the message of cooperative movement among the masses at large by sensitising them on the various aspects of the cooperative movement.