UCBs fear disruption as RBI s deadline on the appointment of MDs looms large thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Mehta rejects media report on Niti Aayog working to reduce UCB numbers
UCBs have no govt share and thus govt can’t force their mergers: Mehta
Reacting to the news in a section of the media that the Center is mulling roping in Niti Aayog for consolidating stressed urban cooperative banks, senior co-operator Jyotindra Mehta said “we have not heard anything of this kind. There is no official communication on the issue to us, ”. Mehta heads the apex national body of UCBs (Nafcub) in the country.
There is a media speculation that the Union Ministry of Finance has asked the RBI and Niti Aayog to work out modalities of merger or winding up of stressed out UCBs in the country.
Sahakar Bharati team meets Amit Shah; bats for independent NCCT
Sah Bharati team stresses on the need for national co-op policy
Five top Sahakar Bharati leaders landed in Delhi on short notice on Thursday to meet the newly appointed Union Cooperative Minister and Home Minister Amit Shah at his residence. Among other things, Sah Bharati leaders stressed on the need to have a National Co-operative Development Policy for the country and the need to develop the NCCT as a Centre of Excellence, free from NCUI.
The longish meeting which lasted one and a half hours and took up fourteen key points related to co-operatives, was led by Sahakar Bharti President Ramesh Vaidya. Others in the team included Uday Joshi, Sanjay Pachpor, Jyotindra Mehta and Satish Marathe. Mehta is said to be close to Shah having worked together for the betterment of co-ops in Gujarat in the past.
Separate ministry will give wings to co-op movement: Mehta indiancooperative.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiancooperative.com Daily Mail and Mail on Sunday newspapers.
Sahakar Bharati team meets Amit Shah; bats for independent NCCT
Sah Bharati team stresses on the need for national co-op policy
Five top Sahakar Bharati leaders landed in Delhi on short notice on Thursday to meet the newly appointed Union Cooperative Minister and Home Minister Amit Shah at his residence. Among other things, Sah Bharati leaders stressed on the need to have a National Co-operative Development Policy for the country and the need to develop the NCCT as a Centre of Excellence, free from NCUI.
The longish meeting which lasted one and a half hours and took up fourteen key points related to co-operatives, was led by Sahakar Bharti President Ramesh Vaidya. Others in the team included Uday Joshi, Sanjay Pachpor, Jyotindra Mehta and Satish Marathe. Mehta is said to be close to Shah having worked together for the betterment of co-ops in Gujarat in the past.