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Home Cooperative Queries

Query from Nikhil Shama

by Staff Reporter
May 21, 2019
in Cooperative Queries
0
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Sir can u tell me if DCCB can be liquidated or not. If its npa rises and reached above 20%  then why state govt being 50% share-holder is not paying any attention towards it. What are the steps taken by state govt. And what will be the fate of the employees of NPA ridden cooperative bank.

I C Naik

Some members should start procedure to wind up the business of the society and distribute the sale proceeds of the property towards members’ dues. Write to the Central Registrar.

Tags: bankcooperativeDCCBNPA

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