Govt to give stimulus to Cooperative Banks in JK
GK NEWS NETWORK
Jammu, Jan 5: Minister of State for Cooperative, Dr. Manohar Lal Sharma has said that concerted efforts are afoot to enhance the resources of the Cooperative Bank in the State.
During a press briefing in Kerala, the Minister revealed that the local reserves of the Cooperative Banks are Rs. 5891 crore and total deposits have reached Rs. 1693.29 crore while advances have been given to the tune of Rs. 604.39 crore.
The Minister, who is currently on official visit to the State, held series of meetings with Cooperative authorities and discussed several issues aimed at improving the cooperative sector in the State.
Dr. Manohar during his meet with the President and Managing Director Anand Farmer Service Cooperative Bank, A.G. Thankappan Nair, also discussed several issues relating to the Cooperative Sector.
Nair apprised Dr. Sharma about the working system of the Bank and said that this is the only scheduled Cooperative Bank in cooperative Sector in the country which has its branches in all the 14 districts of Kerala.
The Bank provides hassle free loans to the workers of the Cooperative sector viz. Rubber Cooperative, Coconut and dairy development for ensuring development of rural areas of the State.
Lastupdate on : Wed, 5 Jan 2011 21:30:00 Makkah time
Lastupdate on : Wed, 5 Jan 2011 18:30:00 GMT
Lastupdate on : Thu, 6 Jan 2011 00:00:00 IST
- MORE FROM BUSINESS
- Govt to give stimulus to Cooperative Banks in JK
- Tangdhar telephone exchange malfunctioning for 1 year
- EDB interviews to begin from January 9
- Govt mulls to upgrade Nichhama lignite project
- On Kashmir Inc persuasion, JK Bank extends spl package for handicraft sector
- Gold prices see largest single day fall
- RBI allows 7 more banks to import gold, silver
- Straight Talk
BJP hits back at Malik
JK INDIA’S INTEGRAL PART: JAITLEY
Srinagar Jan 5: The BJP today hit back at JKLF chairman, Muhammad Yasin Malik, saying they would go on with their program to hoist tri-color at Lal Chowk here. Malik on Tuesday had dared BJP to go on with More
- Srinagar City
Muzammil, Mohsin starrer Mumbai Must Kallander to be released this month
KASHMIR has again attracted Bollywood. This time not for its mesmering locales or dramatization of 20-odd years of conflict, but for the star cast of an upcoming movie, all set to hit the silverscreen More
- News in Brief
Srinagar: A man was killed and two others wounded in separate accidents in the Valley. Four vehicles including a car (JK03A-6150), SRTC bus (JK01Y-0456), scorpio vehicle (JK01-2533) and a truck More
GK NEWS NETWORK
Jammu, Jan 5: Minister of State for Cooperative, Dr. Manohar Lal Sharma has said that concerted efforts are afoot to enhance the resources of the Cooperative Bank in the State. During a press briefing More
Muzaffarabad, Jan 5: Dozens of people marched on a main road here on Wednesday to draw the attention of international community towards the non-fulfillment of a commitment made to the people of Jammu and More