Nabard organized a two day National Conference on Best Practices in Rural Cooperative Banks at the Bankers Institute of Rural Development (BIRD), Lucknow. The event kicked off on Monday and was inaugurated by the Nabard Chairman Shaji K V in the presence of UP Principal Secretary (Cooperation) B.L. Meena and others.
Sadly, the apex body of State Cooperative Banks and DCCBs- Nafscob, which has a mandate of addressing the issues of short term credit structures, was not invited by the Nabard.
When the Indian Cooperative correspondent called its MD Bhima Subrahmanyam, he said, “Our Chairman who is also Governing Council Member of BIRD is also not aware of this. Nabard may like to get the views of Rural cooperative Banks directly from them without NAFSCOB. We wish them all the best”.
Coming to the event, several senior officials from NABARD, State Governments, State Cooperative Banks, District Central Cooperative Banks and Primary Agricultural Credit Societies (PACS) from across the country are participating in the conference, which will be concluded today i.e. on 17th October 2023.
Presentations and panel discussions by industry experts and veteran rural cooperative bankers from across India on the five themes of Governance, Technology adoption, HR management, Business Diversification, and Successful Business Models in PACS are being organized over the 2 days to promote the replication of the best practices and convergence of various schemes for promoting rural credit cooperatives in the country.
On this occasion, a book was also released on the ‘Best Practices in Rural Cooperative Banks”.