Excelsior Correspondent
JAMMU, May 6: Secretary Cooperative Department, Yasha Mudgal, today chaired a meeting to review working of Cooperative Banks in the Union Territory of Jammu and Kashmir.
The meeting was attended by Additional Secretary, Cooperatives, Deputy Secretary, Cooperatives, Financial Advisor Cooperatives, Managing Director Citizen Cooperative Bank Limited (CCBL), Managing Director Jammu Central Cooperative Bank (JCCB) and General Manager J&K State Cooperative Agriculture and Rural Development Bank (SCARDB).
During the meeting, MD JCCB made a presentation highlighting the financial achievements and issues related to Bank’s functioning. He informed that the bank is still not CBM compliant which is a big roadblock for its financial growth and lending capacity.