Co-op News Snippets
Odisha: Erring credit co-ops to be punished
Odisha cooperation minister has told the state assembly that the govt would soon initiate action against cooperative banks allegedly indulging...
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Agriculture not a priority for Bihar CM: Singh
Union Minister Radha Mohan Singh has accused Bihar government of not fully using funds given by the central government for...
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No end of woes for Pioneer Urban Co-op Bank
The Reserve Bank of India (RBI) has extended the Directions issued to the Pioneer Urban Co-operative Bank , Lucknow for...
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PCF Board passes 2016-17 budget
Uttar Pradesh based Pradeshik Cooperative Federation has made budget allocation for the year 2016-2017 in the board meeting held on...
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Bird conducts training at Port Blair
Hindu reports apart from conducting training programmes for various rural, financial and governmental and non-governmental organizations, Mangaluru-based Bankers’ Institute of...
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Kerala co-op opens Café chain in Kochi
The farmers’ cooperative Manarcadu Social Service Society will soon open Cafe de Monde a cafe chain in Kochi in Kerala...
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No respite for Indian Mercantile Co-op Bank
The Reserve Bank of India has extended the Directions issued to the Indian Mercantile Co-operative Bank Ltd., Lucknow for a...
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Co-op Banks offer better interest on deposits
ET reports most banks in the cooperative sector in Karnataka are offering 1.5-2% higher interest on fixed deposits than nationalised...
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Maharashtra: Preventing tainted cooperators
As the Maharashtra legislative council had put a brake on the bill, the state cooperation department is re-promulgating ordinance to...
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BJP opens account in co-op sector
Times of India reports the BJP has begun gaining ground in the cooperative sector in western Maharashtra by bagging eight...
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Closure of 60 co-op societies ordered
According to New Indian Express, a high ranking official of cooperative department of Mahbubnagar had recently issued notices to wind...
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Mysore: Co-op banks come to farmers’ rescue
Cooperative banks including DCC will spend Rs. 350 crore on giving loans to farmers to ease the prevailing drought situation...
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Cabinet okays MoU with Lithuania
The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing of a Memorandum of...
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Cabinet fixes NBS rates for 2016-17
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi has approved fixation of Nutrient Based Subsidy...
Read moreFine on Nasik Merchants Co-op Bank
The Reserve Bank of India has imposed a monetary penalty of Rupees Five Lakh on The Nasik Merchants Co-operative Bank...
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