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Karnataka BJP MLA Ramesh Jarkiholi booked for defaulting on loan repayment

The complaint, filed by Karnataka State Cooperative Apex Bank manager Rajanna, accuses Jarkiholi of having fraudulent intentions and failing to repay a substantial loan obtained from the bank | Latest News India ....

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Case against Ramesh Jarkiholi for allegedly cheating cooperative bank on loan to sugar factory

Case against Ramesh Jarkiholi for allegedly cheating cooperative bank on loan to sugar factory
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Co-op claims its share as half a dozen co-operators sworn in as Minister

Cooperative sector has had its share in the Karnataka Cabinet formation as a few ministers who took oath on ....

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K'taka for common software for PACS & DCCBs

K’taka for common software for PACS & DCCBs
Business Line quotes Karnataka cooperation minister ST Somasekher saying the state Government will implement common software for all the PACS, DCCs and the Karnataka State Cooperative Apex Bank.
The minister revealed it while talking to journalists in Mangaluru. Karnataka has 5400 PACS and 21 DCC banks. The estimated cost will be ?198 crore. The minister said the software would help cooperative institutions function more efficiently and smoothly.
Somashekhar also said the Cooperation Department will disburse ?20,810 crore loans at zero percent interest rate to 30 lakh farmers, through PACS and DCC banks, in the State during 2021-22. ....

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