Disbursement to cooperatives in the current financial year to March will touch ₹50,000 crore from ₹5,300 crore in 2013-14, which was a “matter of great pride”, Shah said | Latest News India
As per the government resolution issued, the Maharashtra State Central Cooperative Bank (MSCCB) will offer the loan at 8 per cent rate which will be paid in the span of eight years. Failing to do so would lead to the state government repaying the loan amount.