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Nabard: Sah Bharati team meets Chairman; raise co-op bank issues
Linking PACS with National Payment Gateway is crucial: Joshi
Sahakar Bharati leaders Satish Marathe and Uday Joshi met Nabard Chairman Dr Govinda Rajulu Chintala recently at his office and raised a host of issues related to the cooperative sector.
“Nabard Chairman Dr Chintalaji listened to our concerns very patiently and assured us to resolve the issues sooner than later. We had a very fruitful meeting. Besides, he was also very positive towards our demands”, Joshi said to Indian Cooperative correspondent soon after the meeting.
Talking about the issues raised during the meeting Joshi said, ” There is a need to empower State Co-operative banks & District Central Cooperative Banks. They should be allowed to raise Share Capital through Public & Pvt placements. Formulation of a merger policy for DCCBs into STCBs should also be crafter”, underlined Joshi.