Coop Banks to reschedule the crop loan to farmers

Crop loans availed by farmers from district central cooperative banks would be rescheduled as per the government's decision in view of severe drought conditions prevailing in the state, a bank official said Monday.

Subbarao says governance in coop banks lack professionalism

Stating that credibility of the cooperative banks has "eroded", Reserve Bank Governor D Subbarao on Friday said there was an urgent need to professionalise their governance which would help the financial inclusion agenda.

Bring coop banks under RTI ambit: BJP to RBI

In its memorandum, party leader Om Prakash Sharma has said that there was need to bring about a transparency in the functioning of the banks.