Uttar Pradesh State Cooperative Bank and 50 DCCBs will get the facility of Net Banking soon because the cooperative department has applied for the Reserve Bank of India’s permission for net banking.
Additional Chief Secretary of Cooperative Department MVS Ramireddy has informed that the license of Net Banking is expected to be given soon. With the introduction of net banking, customers of co-operative banks will also be able to avail the facility of RTGS and NIFT in a convenient manner.
The lakhs of customers associated with UP State Co-op Bank and DCCBs will get the benefit.