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While thanking RBI Board member Satish Marathe and Rajya Sabha member Chandra Pal Singh Yadav for their support to the urban cooperative banking sector in their respective roles, Nafub President Jyotindra Mehta said challenges before the sector continue to be aplenty. Mehta was speaking at the Nafcub’s 44th AGM held at the NCUI headquarters in Delhi on Wednesday. Making a fresh bid to have a pressure group in the form of “Forum of MPs for Cooperatives”, Mehta recalled two such exercises from the past. One was attended by 60 MPs and the second one by 48, cutting across party lines, Mehta added. For every new term of Lok Sabha, we need to have a fresh Forum, he stressed. ....
Lauding the role being played by the only cooperative news portal in the country www.indiancooperative.com, Nafcub President Jyotindra Mehta said the news portal has been at the vanguard of fighting for the just issues of the co-operative sector. We need to highlight our success stories so that the false impression of co-op banks being not adequately responsible could be fought off, said Mehta underlining the role of media interaction. Stressing the point further Mehta named Indian Cooperative for its continuous championing of the sector’s issues before the govt and the public. Later he felicitated the Editor of Indian Cooperative Ajay Jha with a bouquet. ....
Gujarat Chief Minister Vijaybhai Rupani has felicitated the state cooperators for doing a praiseworthy work in the implementation of Atmanirbhar Gujarat Sahay Yojana (AGSY) in the state. They got felicitated in a meeting held in Gandhinagar to understand and implement the ‘Mukhyamantri Mahila Utkarsh Yojana’ last week. Gujarat Urban Cooperative Banks Federation President Jyotindrabhai Mehta, Gujarat State Cooperative Bank Chairman Ajaybhai Patel and Uttar Gujarat Urban Cooperative Bank Federation Chairman Kantibhai Patel were felicitated with trophies and certificates on the occasion. Sharing the news through social media Gujarat Chief Minister wrote, “A meeting was held in Gandhinagar to understand and implement the ‘Mukhyamantri Mahila Utkarsh Yojana’. The basic mantra of determination of cooperation is helping small people”. ....
Gujarat based Rajkot Nagarik Sahakari Bank known as a “Large Bank of a Small Man” was one of the UCBs singled out by the state Chief Minister for its exemplary performance in implementing the Atmnirbhar Yojna. A function was held recently for honoring its branches for their unprecedented achievements during the corona pandemic. It is said the bank has disbursed a total of Rs 522 crore to 38,000 small borrowers under the Atmnirbhar Yojna, says a press release issued by the bank. Addressing the function, several leaders including Gujarat Chief Minister Vijaybhai Rupani said the bank has done a commendable job helping extremely poor people maintain their families, meet the costs of their medical treatment and several other expenses during the lockdowns. ....