Shah to inaugurate National Conference of Rural Cooperative Banks today

Amit Shah will inaugurate a one-day National Conference of Rural Cooperative Banks organized by the Ministry of Cooperation and the National Federation of State Cooperative Banks (NAFSCOB) on Friday.

Amit Shah
ANI General News
2 min read Last Updated : Aug 12 2022 | 8:37 AM IST

Union Home Minister Amit Shah will inaugurate a one-day National Conference of Rural Cooperative Banks organized by the Ministry of Cooperation and the National Federation of State Cooperative Banks (NAFSCOB) on Friday.

Union Minister of State for Cooperation BL Verma will address the valedictory session of the conference.

Secretary, Ministry of Cooperation Gyanesh Kumar, NAFSCOB Chairman Konduru Ravinder Rao and NAFSCOB Managing Director Bhima Subrahmanyam shall also be present.

An official release said that the short-term cooperative credit structure in India comprises 34 State Cooperative Banks, 351 District Central Cooperative Banks and 96,575 PACS.

The National Federation of State Cooperative Banks was established on May 19, 1964, with the broad objective to facilitate the operations of state and central cooperative banks and the development of a short-term cooperative credit structure.

NAFSCOB provides a common forum to its members and their affiliates, shareholders and owners to project their achievements, focus their concerns and promote their interests.

Amit Shah will also present Performance Awards to select State Cooperative Banks, District Central Cooperative Banks (DCCBs) and PACS, and felicitate a few short-term cooperative credit institutions for 100 years of service.

The release said that the government has been working for the betterment of agriculture and rural areas and as the government's investment in agriculture infrastructure increases, so does the role and potential of cooperatives.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :Amit Shah

First Published: Aug 12 2022 | 8:37 AM IST

Next Story