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Friday, October 16, 2026
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Home Co-op News Snippets

Scheduled Co-op Banks’ Food Credit at Rs 52,074 Cr: RBI

Staff Reporter by Staff Reporter
October 16, 2026
in Co-op News Snippets
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The food credit outstanding of Scheduled Cooperative Banks stood at Rs 52,074 crore as on September 30, 2026, unchanged from the previous fortnight, according to the Reserve Bank of India’s latest Statement of Position of Scheduled Banks in India.

The data shows that Scheduled Commercial Banks reported food credit outstanding of Rs 96,286.36 crore during the same period, compared with Rs 1,09,721.49 crore on September 15, 2026.

The RBI statement also provides a snapshot of the scheduled cooperative banking sector, comprising 26 Scheduled State Cooperative Banks and 55 Scheduled Primary (Urban) Cooperative Banks.

The total number of Scheduled Commercial Banks, including Regional Rural Banks, Small Finance Banks and Payments Banks, stood at 120.

The figures highlight the continued role of cooperative banks in financing food procurement operations. Their food credit outstanding remained stable during the fortnight, reflecting the sector’s continued participation in financing the agricultural procurement ecosystem.

Tags: Breakingcooperative bankScheduled Commercial Banks
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