Kerala Bank moots idea of forming Consortium

New Indian Express reports state, Kerala Bank President Gopi Kottamurickal informed that the bank has formed a consortium for the progress of cooperatives in the state. He revealed it while addressing the annual general meeting of the bank for 2022-23.

The aim of the consortium will be to develop a common platform for the cooperatives to find a market for their products at home and abroad.

The Kerala Bank had business worth Rs 1,21,204 crore in the FY, an increase of Rs 10,347 crore from the previous year.

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