The Thrissur District Cooperative Bank will open 26 ATMs in different parts of the district. Bank president K. P. Radhakrishnan announced this at a press conference here. The bank will introduce core banking facilities across its 48 branches. The bank recorded a net profit of Rs.8.6 crore in 2008-09 and declared 20 per cent dividend.At a function here on November 15, Home Minister Kodiyeri Balakrishnan...
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Home Minister Kodiyeri Balakrishnan inaugurates central zone office, Thrissur District Cooperative Bank Hall, Kuruppam Road,...
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HYDERABAD:Agreeing with the argument of the state government, the AP High Court onThursday dismissed a plea of the Charminar Cooperative Bank to stay all criminalproceedings pending against the Krushi Cooperative Bank. This petition was filedby the managing director of Charminar Bank and the joint cooperative registrarpraying the court to stay the proceedings and return its Rs 27 crore depositswith...
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former secretary of Primary Agricultural Cooperative Bank at Kariamanickam in the district was arrested on Tuesday on the charge of misappropriating the bank’s money to the tune of Rs.9.4 lakh.The accused L. Bhojarajan (60) was held following a complaint lodged by the Deputy Registrar of Cooperative Societies, Lalgudi, Mr. Mayandi, with the Commercial Crime Investigation Wing-CID of Police.According...
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Tiruvannamalai: Cripco Fertilizer company and the District Cooperative Union organised an anti-corruption camp and seminar here on Friday.Secretaries of Primary Agricultural Cooperative Banks in Tiruvannamalai and Chengam taluks attended it. Joint Registrar of District Central Cooperative Bank M. Kuzhandhaivelu and Tiruvannamalai DSP P. Vaithilingam...
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may appoint a retired judge as liquidator of cooperative bank if the reply isn’t positiveMADURAI: The Madras High Court Bench here on Monday sought to know from the State Government whether it could spare the services of a Joint Registrar of Cooperative Societies exclusively for the purpose of acting as official liquidator of the defunct Madurai Urban Cooperative Bank.A Division Bench, comprising Justices...
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Highlighting the role of cooperative banking in the economy of the State, Deputy Chief Minister,Tara Chand has said that financial institutions like Cooperative Banks not only contribute by providing loans to the people, especially the farmers, but have also contributed in economic empowerment of the people.This was stated by the Deputy Chief Minister at a function organized by the Citizens Cooperative...
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Cooperation Minister G. Sudhakaran has said that cooperative banks are the only source for the common man now to get loans.Inaugurating the golden jubilee celebrations of the Kollam West Service Cooperative Bank here on Sunday, he said even the nationalised scheduled banks were now reluctant to extend loans to the common man.Mr. Sudhakaran said that without the cooperation of the cooperative sector,...
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Home Minister Kodiyeri Balakrishnan has called upon cooperative banks to give interest-free education loans.He also urged the banks to increase financial assistance to farmers. Inaugurating the valedictory session of the State-level programmes organised to mark the 54th all-India Cooperative Week celebrations, Mr. Balakrishnan said greater involvement of cooperative sector banks had become necessary...
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The state government will soon implement recommendations of the Prof A Vaidyanathan Committee on reviving the rural primary agricultural credit cooperative societies in Karnataka. The state cabinet has approved the committee’s report.Karnataka minister for cooperation Laxman Savadi said the government was awaiting clearance from the governor to implement the recommendations. Addressing members of agriculture...
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