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The apex body of State Cooperative Banks and District Central Cooperative Banks-Nafscob is gearing up to welcome the Union Home and Cooperation Minister Amit ....
Loss making DCCBs concentrated in north India; Nabard reports 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.
State Co-op Banks & DCCBs have suffered losses: Nabard Report Losses due to amalgamation of DCCBs in Kerala: Nabard Nabard has come out with a 358-page report on the performance of co-op banks during 2019-20, which says that the aggregate accumulated losses of State Co-op Banks have increased from Rs.471 crore to Rs.1,232 crore. Nabard, however posted a 24 per cent growth in its balance sheet to a record high of Rs 6.57 lakh crore in the financial year ended on March 31, 2021. Nabard blames the loss on the amalgamation of 13 DCCBs in Kerala with Kerala State Co-op Bank. Seven out of 33 StCBs were having accumulated losses as on 31 March 2020. ....