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Merging DCCBs will destroy rural credit flow: Sanghani

Reacting to RBI issuing guidelines for merging district central cooperative banks with state cooperative banks, NCUI President Dileep Sanghani said that this is unjustified, and it will destroy ....

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DCCBs merger: Sah Bharati writes to RBI & Nabard against the move

DCCBs merger: Sah Bharati writes to RBI & Nabard against the move
Sah Bharati has also briefed Rupala & wrote to FM
The Monday notification of RBI on facilitating state govts eager to get their DCCBs amalgamated with state co-op banks is a shocker for many. More so because it came at a time Sahakar Bharati had written to RBI and the Finance Minister and was hopeful of a peaceful resolution of the issue.
Sahakar Bharati, which owes its allegiance to the Sangh Parivar (RSS) always held the view that the three-tier system of rural credit is crucial for making India a 5 trillion economy. It held many brain-storming sessions on the issue, as recently as a couple of months ago at the NCUI headquarters in Delhi in the presence of Parshottam Rupala and Suresh Parbhu. ....

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Sah Bharati sends Resolutions to FM; seeks broad-based Committee

Sah Bharati sends Resolutions to FM; seeks broad-based Committee
Robust national policy will make India 5 trillion-dollar economy: Sah Bharati
Sahakar Bharati has submitted the Resolutions to the Union Finance Minister Nirmala Sitharaman, which was drafted in the National Conclave of DCCBs held under the aegis of Co-operative Development Forum (CDF) in March at the NCUI headquarters.
The resolution requests the Minister to set up a broad-based Committee of representatives of GOI, State Governments, NITI Aayog, RBI, NABARD, Federal Cooperatives and Co-operators to define the Roles of Co-operative Financial Institutions, particularly, PACs, DCCBs and State Co-op Banks.
Resolution which was unanimously adopted requested the Union Finance Minister that a National Policy be formulated to define the Roles of Co-operative Financial Institutions, particularly, PACs, DCCBs and State Co-op Banks to achieve rapid, equitable and sustainable growth of the Rural and Agricultur ....

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