Union Home and Cooperation Minister Amit Shah has hailed a landmark achievement in India’s cooperative sector, congratulating Saraswat Cooperative Bank and Amul for each surpassing the Rs 1 lakh crore annual turnover mark in 2025–26.
Calling it a “vivid example of the strength and vast potential of cooperatives,” Shah emphasized that the milestone reflects the growing scale, efficiency, and competitiveness of India’s cooperative institutions.
In a post on X, he noted that this achievement is not just historic for the cooperative banking and dairy sectors, but also a major boost to the vision of Atmanirbhar Bharat.
The dual success of Saraswat Cooperative Bank, one of India’s leading urban cooperative banks, and Amul, the country’s dairy giant powered by millions of farmers, underlines how cooperative models can deliver both economic strength and inclusive growth.
Shah extended heartfelt congratulations to all “Karamyogis” associated with both institutions, stating that their dedication and collective effort have set a new benchmark for the sector and inspired the next phase of cooperative-led growth in India.