Kerala State Co-op Bank Ltd

Ajith Kumar

Kerala

I am having a query related to The Kerala State Co-op Bank Ltd, the apex bank in co-op sector in the state of Kerala. Why RBI and NABARD is silent even after this bank is running on accumulated losses for past 5 years with all its net worth exhausted. The state of Kerala has not accepted Prof. Vaidyanathan Committee recommendations yet. How long can this bank go further?

As a person who wishes to see a strong co-operative banking sector, I look forward to your comments on this matter.

 

I C Naik

Send RTI application to RBI asking for any reason recorded for not taking steps.

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