Co-op News Snippets
RBI allows IFFCO to raise over 50% Working Capital from Banks
Union Home and Cooperation Minister Amit Shah on Wednesday said that the Reserve Bank of India (RBI) has granted relaxation...
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RBI withdraws directions on Sikar UCB, signaling Improvement
In a positive development for the urban cooperative banking sector, the Reserve Bank of India (RBI) has withdrawn the regulatory...
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Odisha’s PACS Network gets Digital and Financial Push
Odisha’s Primary Agricultural Credit Societies (PACS) are witnessing a renewed thrust towards modernization and diversification, aimed at strengthening grassroots cooperatives...
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SUCO Bank: Maski elected Chairman; Heavy weights in Board
Mohit Maski and Muralidhar Reddy have been elected unopposed as the Chairman and Vice-Chairman respectively of Karnataka’s leading SUCO Souharda...
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Centre Pushes Deep-Sea Fishing, Fisheries Co-ops under PMMSY
The Centre is promoting deep-sea fishing and strengthening fisheries cooperatives through targeted schemes to boost livelihoods and infrastructure in the...
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Shashikant given board powers of Chhattisgarh Marketing Fed
The Registrar of Cooperative Societies, Chhattisgarh, has authorised Shashikant Dwivedi to exercise the powers of the Board of Directors of...
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Irregularities detected in Two PACCS in Tamil Nadu
Union Home and Cooperation Minister Amit Shah on Wednesday informed the Rajya Sabha that irregularities were detected in two Primary...
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Cooperative Credit Framework in Goa
The regulatory framework governing cooperative credit societies in Goa draws a clear distinction between state-level and multi-State entities, the Rajya...
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Co-op Schemes reach Farmers, Women and Depositors nationwide
Government initiatives under the cooperative sector are benefiting a wide spectrum of stakeholders, from farmers and women to primary societies...
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RBI extends Directions on Sri Guru Raghavendra Sah Bank
The Reserve Bank of India (RBI) has extended the regulatory Directions imposed on Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru...
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Over 86,500 Co-operative Societies in Gujarat
The Union Minister of Cooperation and Home Affairs, Amit Shah, informed the Rajya Sabha on Wednesday that Gujarat has 86,519...
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Over Rs 2.2 Lakh Crore Agri Credit sanctioned via Co-ops
Union Home and Cooperation Minister Amit Shah on Wednesday informed the Rajya Sabha that India’s agricultural credit system continues to...
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MSCS Act Amendments tighten oversight, boost Transparency
The Multi-State Cooperative Societies (MSCS) Amendment Act and Rules, 2023, notified in August 2023, have introduced sweeping reforms to strengthen...
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NAFSCOB to play Role in strengthening Rural Co-op Banking
Union Home and Cooperation Minister Amit Shah on Wednesday said the Ministry of Cooperation has completed a strategic study to...
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Online portal for Co-op Ombudsman in pipeline
Union Minister of Cooperation Amit Shah has said that the development of an online portal for the Cooperative Ombudsman has...
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