The National Bank for Agriculture and Rural Development (NABARD), New Delhi Regional Office, convened the first meeting of the High-Level Committee (HLC) for the financial year 2026-27 to review the performance of the Short-Term Cooperative Credit Structure (STCCS) in Delhi.
The meeting was chaired by Pandurang K. Pole, Secretary (Cooperation), GNCT Delhi. Senior officials present included Ada Raja Babu, Special RCS, GNCTD; Ashok Kumar, General Manager, RBI New Delhi; Nabin Kumar Roy, Chief General Manager, NABARD New Delhi RO; and Rajeev Kumar Kadian, Acting Managing Director of Delhi State Cooperative Bank.
The committee reviewed the bank’s financial performance, compliance with statutory and regulatory norms, internal control systems, grievance redressal mechanism, governance and HR matters, technology adoption and financial inclusion initiatives.
During the meeting, the chairperson stressed the need for the bank to diversify its operations and strengthen its digital banking footprint through modern technology modules. He also advised the Registrar Cooperative Societies office to extend full support to NABARD and the bank.
The committee reiterated its commitment to strengthening Delhi’s cooperative banking framework through better governance, technology upgradation, financial discipline and improved customer services.