Uttarakhand State Cooperative Bank organized its 15th Annual General Meeting at Haldwani, which was attended by scores of members associated with the bank.
Soon after the meeting, talking to Indian Cooperative correspondent Chairman Dan Singh Rawat said, “We have presented a proposal before the delegates to make a world class training centre at Dehradun for co-operators, which was unanimously passed by the members.
The bank will construct its own guest house and training centre at Dehradun to train co-operators. The bank made many announcements to take the bank to newer heights on the occasion, stated Rawat.
It bears recall that Uttarakhand Chief Minister Trivendra Sing Rawat and Cooperative Minister Dhan Singh Rawat have assured to give the 22 Bigha plot near Paonta Sahib road to the co-op bank. “We hope that we will get its possession in a few days and lay the foundation stone by the next month”, he said with a sense of satisfaction.
In a bid to strengthen the co-op banks of the state, Uttarakhand Cooperative Minister Dhan Singh Rawat has launched a debt collection campaign for recovering up to Rs 850 crore worth bad loans from the borrowers who have taken from State Cooperative Bank and different District Central Cooperative Banks of the state.
The Minister instructed the representatives of SCBs and DCCBs to recover the bad loans and in this regard several meetings have been conducted. The meeting of top 20 big defaulters with the Minister revealed that defaulters owe over Rs 300 crore.
Tehri Garhwal District Cooperative bank is on top of the list, whose NPA is more than that of other co-op banks. Uttarakhand State Cooperative Minister warned that if the borrowers failed to clear the outstanding dues till 10th March 2021, strict action will be taken against them.