Ill-treating co-ops for mistakes is not done: Garu

“Co-operatives may have erred at times but ill-treating them always is not good”, said Sri Pinnamaneni Venkateswara Rao Garu Chairman, Andhra Pradesh State Cooperative Bank on the occasion of inauguration of the 47th Branch of the Visakhapatnam Cooperative Bank at Vijaywada One Town in Andhra Pradesh. “Technology is taking the cooperative sector to the pinnacle […]

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AP: Hospital to shape up on co-op model!

Scores of doctors from Visakhapatnam in Andhra Pradesh have decided to set up a hospital on the cooperative model with the latest facilities at a total cost of Rs. 220 crore, reports Hindu Business Line. Andhra Pradesh Chief Minister N. Chandrababu Naidu will soon inaugurate the hospital. A doctor involved in the project said the […]

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Height of inefficiency in a Co-op Bank of AP!

A customer named Shiva residing at Thirumalayapalem in Khammam District of Andhra Pradesh had a bad experience with the local District Central Cooperative Bank. Shiva reportedly issued a cheque for Rs 30000 and the DCCB of Thirumalayapalem transferred the aforesaid amount two times on the same cheque. When the Shiva noticed this double transaction, he […]

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Guv bid to solve co-op crisis

Governor ESL Narasimhan has called upon representatives of Telangana and Andhra Pradesh to strike a deal that includes, among other things, sharing of deposits of cooperative institutions and swapping of employees, reports Times of India. Both states have agreed to share assets worth `100 crore that belong to 9 cooperative institutions listed in Schedule IX […]

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Sambasiva Rao felicitated in Guntur

Kribhco Managing Director Nannapaneni Sambasiva Rao was felicitated last week by the elected people’s representatives and other prominent persons in Guntur, reports Hans India, a news outlet of Andhra Pradesh. Guntur West legislator Modugula Venugopal Reddy presided over the function. Agriculture Minister Prathipati Pulla Rao was also present. Narsaraopeta legislator Rayapati Sambasiva Rao, AP Women’s […]

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Avin should procure milk without any cap: Farmers

Milk farmers and activists have joined together to protest the dairy procurement procedures followed by the Tamil Nadu cooperative milk producers federation and the likely move to get milk from Andhra Pradesh, reports Hindu. The farmers taking part in agitation said Aavin should procure whatever the quantity of milk produced without putting any caps on […]

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Telangana State Co-op Bank (TSCAB) comes into being

Andhra Pradesh State Cooperative Bank Ltd (APCOB) has been reconstituted into two banks following the bifurcation of the erstwhile Andhra Pradesh, says a report in Hindu quoting a govt notification. With effect from April 2, 2015, it will function two separate state cooperative banks – Telangana State Cooperative Apex Bank Ltd (TSCAB) and APCOB for […]

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KRIBHCO: Chandra Pal set to take over

The February 12 election of the fertilizer cooperative giant KRIBHCO has boiled down to contest on just one solitary seat represented by Sudhakar Chaudhary from Andhra Pradesh. There was nomination through e-mail against the seat of Bhanwar Singh also but it was rejected as both proposer and seconder backed out in the nick of time. […]

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Two Chairman of Co-ops arrested in Andhra

Sixteen persons, including top officials of two agriculture cooperative societies along with some farmers have been arrested by CID sleuths in connection with an alleged fraud in Kadapa district of Andhra Pradesh, according to PTI. Those arrested included two presidents of as many single-window agriculture cooperative societies based in the district, four of their directors, […]

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Case of Ranga Reddy Co-op Urban Bank, Hyderabad

Duvvuri Sarveswarudu As per bye-laws of the Ranga Reddy Co-op Urban Bank Ltd., Hyderabad, the board consists of 15 members. But in 2009, when the co-op department conducted the elections, there were only 12 nominations were there and they were declared as elected. Till date the board continues with the same 12 members. Recently 8 […]

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