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Milk co-op bows, supply resumes
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MP State Cooperative Dairy Federation Limited Subhash Chandra Mandge chairman said, 'Milk distribution was delayed and not stopped.
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Nabard facilitates core banking solutions for co-operative banks
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Four central co-operative banks in Maharashtra signed an agreement with Wipro for implementing core banking solutions.
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Nabard starts infra lending to diversify
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The National Bank for Agriculture & Rural Development, or Nabard, has started lending directly to infrastructure projects out of its own resources for the first time in 30 years
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Co-operative societies workers entitled to ‘salesman' salary, says court
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Employees of co-op societies running fair price shops under public distribution system were entitled for emolument as ‘salesmen" and should not be treated in any other manner, the Madurai Bench of Madras High Court has ruled.
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Plots for 320 co-op housing members
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The district administration has decided to initiate action against erring office-bearers of cooperative housing societies violating the rules in a bid to provide relief to the members.
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Release Rs 300cr for PACS & coop banks, Centre told
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The fate of district cooperative banks hangs in balance as the Union government has not yet released Rs 330 crore as part of the package which it had agreed to earlier.
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Now, it's a fundamental right to form co-op societies
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The Parliament on Wednesday approved an amendment to the Constitution which will grant citizens a fundamental right to form cooperative societies.
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RBI allows co-op banks to fix NRE deposit rates
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The Reserve Bank today allowed cooperative and primary urban cooperative banks to fix their interest rates on various non-resident deposit schemes.
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Elders discuss Bill to strengthen cooperatives
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The Rajya Sabha today took up for discussion a Bill to amend the Constitution for strengthening cooperatives.
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Inquiry likely against Versova's Patliputra Cooperative Housing Society
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With legislators from both treasury and opposition benches demanding action against the Patliputra Cooperative Housing Society at Versova in Mumbai for illegalities committed on the plot
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State to grant Rs 400cr to cooperative bank
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The state government is set to take absorb yet another financial burden in the current year. After announcing a Rs 2,000 crore relief package for farmers in cotton, soyabean and paddy growing areas, the government has now decided to pay Rs 400 crore to the Maharashtra State Cooperative Bank.
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Co-ops for cab drivers, vegetable farmers on cards
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Cab drivers, vegetable farmers and those interested in providing healthcare services could soon set up co-operatives in Andhra Pradesh.
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Pay 2 more per litre of Goa Dairy milk
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Goa Dairy has raised milk prices by 2 per litre from Wednesday. The Goa Milk Producers' Cooperative Union, also known as Goa Dairy issued a circular to dealers informing of the hike
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Co-op banks observe day’s closure on Dec 8
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About 49 co-operative banks in south Gujarat will observe a day’s strike called by National Federation of State Co-operative Banks Limited (NAFSCOB) on Thursday to demand restoration of the four-decade-old income tax
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PNB aims to boost agri credit
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A special credit campaign for agriculture was organised at Punjab National Bank, Moorkanikara Branch, Thrissur, where agriculture credit amounting to Rs 1 crore was released.
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State demands KCC to all farmers
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Chief Minister Naveen Patnaik on Saturday exhorted Union finance minister Pranab Mukherjee to direct commercial banks to launch a special drive to provide Kishan Credit Cards (KCC) to all farmers in Odisha by December-end.
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Co-op banks to adopt 3-month rule on cheque validity from April
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The RBI has directed co-operative banks not to make payments on cheques and other financial instruments that are over three-months-old from next fiscal.
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Nabard sanctions Rs 717 cr for crop loan refinance in AP
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Drought-hit farmers in Andhra Pradesh can look forward to some financial help. Nabard has sanctioned Rs 717 crore for providing refinance to co-operative banks and regional rural banks in the State.
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Co-operative sector demands free hand in appointments
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Co-operative leaders demanded the state government to review the conditions laid down in its Circular 30 (B), which prevents co-operative societies
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Campco launches farmers’ contact programme to mark ‘Cooperative Week’
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Launch of farmers’ contact programmes, new dairy products and a gold loan scheme marked the beginning of ‘Cooperative Week’ celebrations by different cooperatives in Dakshina Kannada district on Tuesday.
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Nabard sensitisation programme for farmers
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The National Bank for Agriculture and Rural Development (Nabard) organised here a sensitisation programme for farmers on the importance of agricultural marketing infrastructure grading
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Development Credit Bank net up to Rs 13 crore
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The Development Credit Bank (DCB) has registered a net profit of Rs 13 crore for the second quarter ended September 2011 against Rs 5 crore in the same period in the previous year.
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DCB posts Rs 13 cr-profit on growth in advances
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Development Credit Bank has posted a net profit of Rs 13 crore for the quarter ended September 30, 2011, against Rs 5 crore in the same period last year, on account of good growth in advances
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4 co-op society managers booked
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Three managers of two cooperative societies have been booked by the police under the Essential Commodities Act over black marketing of foodgrain meant for public distribution system.
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Cuttack mine owner arrested for defaulting on NAFED loan
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A mine owner from Cuttack was arrested by the CBI near Bhubaneswar on Tuesday for allegedly failing to repay a loan amount of nearly Rs 60 crore he had availed from the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) in 2004-05.
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