Co-op News Snippets
NCP is Panchatantra of Cooperative Sector: Prabhu
During the launch of the much-awaited National Cooperative Policy, former Union Minister Suresh Prabhu, who led the policy’s drafting, described...
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NCP for Co-op Banks seeking RBI’s Self-Regulatory Status
The National Cooperative Policy proposes to facilitate the strengthening of cooperative banks, enabling them to become eligible for handling government...
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NCP proposes Apex Co-op Bank for better tier coordination
The much-touted Cooperative Policy proposes the formation of an apex cooperative bank at the national level to strengthen coordination among...
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NCP for preserving three-tier co-op credit structure
The newly launched National Cooperative Policy proposes to preserve and promote the three-tier short-term cooperative credit structure, Primary Agricultural Credit...
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NCP urges States, UTs to align policies with national vision
The newly launched National Cooperative Policy urges all States and Union Territories to formulate or reformulate their respective State Cooperative...
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NCP for model Co-op Village per district; economic clusters
The policy encourages each State and Union Territory to develop at least one model cooperative village per district, with a...
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Over Rs 6,000 Cr disbursed by NCDC in FY25: MoS Finance
Union Minister of State for Finance Pankaj Chaudhary informed that the NCDC disbursed Rs 6,098 crore to cooperative banks across five states...
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Karnataka based Karwar Urban Co-op Bank loses license
The Reserve Bank of India (RBI) has cancelled the banking licence of Karnataka based Karwar Urban Co-operative Bank. Following the...
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India rolls out World’s largest Co-op Storage Plan
The Government of India launched the world’s largest grain storage initiative in the cooperative sector on May 31, 2023, now...
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Govt empowers PACS for easy credit access
The Ministry of Cooperation has launched a series of reforms to strengthen Multipurpose Primary Agricultural Credit Societies (MPACS) nationwide, especially...
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22,606 new cooperatives formed across country
The Government of India’s ambitious initiative to establish new multipurpose PACS, dairy, and fishery cooperative societies has gained significant momentum,...
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59,920 PACS integrated into ERP system
In a significant update on the ambitious PACS Computerization Project, Union Home and Cooperation Minister Amit Shah informed the Rajya...
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IYC logo on railway e-tickets & govt websites
In a written reply in the Rajya Sabha, Union Home and Cooperation Minister Amit Shah said the Ministry of Cooperation...
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Pune DCCB bags Vaikunthbhai Mehta Award
The 26th Annual Award Ceremony of the Maharashtra State Cooperative Banks’ Association Ltd., Mumbai, was held on Wednesday in Mumbai,...
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IYC 25: Kheti Bank hosts foreign delegates
In celebration of the International Year of Cooperatives, the Gujarat State Cooperative Agriculture and Rural Development Bank (GSCARDB), popularly known...
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