Co-op News Snippets
Two phases of PACS computerization over: Rajpal
Rajasthan Principal Cooperation Secretary and Registrar of Cooperatives Mrs. Manju Rajpal informed that in the first and second phases of...
Read more
BSNL Engineers Co-op Society suffers heavy losses
The BSNL Engineers Cooperative Society has suffered a Rs 260.18-crore loss due to unauthorized loans and fake investment documents, according...
Read more
Of 351 DCCBs, 312 reported profits: RBI Report
The Reserve Bank of India (RBI), in its latest Trend and Progress of Banking in India 2023-24 report, revealed a...
Read more
Despite reduction in balance sheets, SCARDBs’ net Interest Income rose
In its latest report, the Reserve Bank of India (RBI) highlighted the performance of long-term credit cooperatives, noting that State...
Read more
PACS profits rise by 18%, losses decline by 4%: RBI Report
The Reserve Bank of India (RBI), in its latest report, provided an in-depth analysis of the performance of Primary Agriculture...
Read more
Unlike last year, UCBs missed revised PSL target for 23-24
According to the RBI’s report, Urban Cooperative Banks (UCBs) missed the revised priority sector lending (PSL) target set for the...
Read more
RBI fines four UCBs of Karnataka for non-compliance
The Reserve Bank of India imposed monetary penalties on four urban cooperative banks of Karnataka for non-compliance with certain directions...
Read more
Shah rolls out RuPay Kisan Cards for farmers
Union Home Minister and Minister of Cooperation Amit Shah distributed RuPay Kisan Credit Cards and Micro-ATMs to 10 cooperative societies,...
Read more
Depositors of Bhubaneswar UCB to get refund: CM Manjhi
Odisha Chief Minister Mohan Charan Majhi announced on Wednesday that his government would ensure the return of money to depositors...
Read more
Jogindra Co-op Bank marks 100 years with excellence
Jogindra Central Cooperative Bank Limited, Solan, celebrated its centenary with remarkable achievements, including zero net non-performing assets (NPA) and a...
Read more
Sarang unveils plan for PACS in every panchayat
Madhya Pradesh Cooperatives Minister Vishwas Kailash Sarang emphasized the importance of expanding Primary Agricultural Cooperative Societies (PACS) at the Panchayat...
Read more
Primary dairy co-ops to have Micro ATMs: Shah
While addressing an event in PUSA, Delhi on Wednesday, Union Home and Cooperation Minister Amit Shah said that every primary...
Read more
Odisha CM launches 1542 New Multipurpose PACS
Odisha Chief Minister Mohan Charan Majhi launched 1542 new Multipurpose Primary Agricultural Cooperative Societies (MPACS), bringing the total number of...
Read more
Shah to inaugurate 10,000 new Co-op Societies on Dec 25
Union Home and Cooperation Minister Amit Shah will inaugurate 10,000 newly formed multipurpose Primary Agricultural Credit Societies (PACS), dairy, and...
Read more
Kattappana Rural Dev Co-op Society in news
A crisis is unfolding in Kerala’s cooperative banking sector following the tragic suicide of Sabu, a 53-year-old investor in the...
Read more
