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Customers Of Cooperative Banks To Benefit Govt Welfare Schemes Announces Shah

Govt Trying To Take Agriculture Banks Out Of Losses And Making Them Profitable Shah

Co-op banks will soon get permission to implement Govt schemes using JAM: Amit Shah - Jammu Kashmir Latest News | Tourism

AHMEDABAD, June 28: Union Minister Amit Shah on Tuesday announced that cooperative sector banks will soon be given permission to implement government welfare schemes, which use the trinity of Jan Dhan-Aadhaar-Mobile (JAM) for direct benefit transfer (DBT). JAM is the Centre’s initiative to link Jan Dhan accounts, mobile numbers and Aadhaar cards to plug leakages of government subsidies. At present, 52 ministries use DBT with the help of JAM to provide assistance to beneficiaries under 300 Government schemes, Shah said […]

Rs 2cr siphoned off in name of farmers loan | Rajkot News

Staffers made false entries into bank’s account book without actual monetary transaction Rajkot: Two employees of Gujarat State Co-Operative Agriculture and Rural Development Bank Ltd (Kheti Bank) were booked after the bank discovered that the duo had siphoned off Rs 2.04 crore bank’s money in the past few years. According to Jamnagar police, a complaint in this regard was lodged by bank’s manager (Jamnagar unit) Viramji Thakore against the two employees, Deepakram Bhatt and Sahendrasinh Zala. Cops registered an offence and booked them under various sections of Indian Penal Code including 406 (criminal breach of trust), 408 (criminal breach of trust by clerk or servant), 409 (criminal breach of trust by public servant, or by banker, merchant or agent), 465 (forgery) and 466 (forgery of record of Court or of public register) among others.

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