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Sahakar Bharati demands more time for Expert Committee on UCBs


Sahakar Bharati demands more time for Expert Committee on UCBs
Term ending on June 8; experts failed to submit views due to Covid
Sah Bharati has demanded an extension of two more months in the time-frame for the Expert Committee, constituted by RBI to strengthen urban cooperative banks to submit its reports.
In a letter to the RBI Governor which is jointly signed by the Sahakar Bharati President and the National General Secretary, the leaders have said that due to Covid conditions and the continued surge of Covid infections, it has not been possible for many UCBs, Academicians,Co-operators, etc to submit their views to the Committee. ....

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Chandra Pal takes shot of vaccine


Chandra Pal takes shot of vaccine
Kribhco Chairman Chandra Pal Singh Yadav took the first dose of the Covid-19 vaccine at Noida based Sumitra Hospital on Monday when the nationwide vaccination of 60-plus age group people began.
The news was shared by Yadav through his Facebook wall. He wrote, “Took first dose of the Covid-19 vaccine at Sumitra Hospital, Noida”.
There has been a good response from the public to the drive at the government and private COVID vaccination centers.
IFFCO’s MD was the one of the first to take the shot when the campaign began. Earlier, Nafcub President Jyotindra Mehta had taken the shot. ....

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RBI announces Expert Committee; Mehta lone representative from UCB


Following the promise made recently by RBI Governor Shaktikanta Das, RBI announced on Monday the constitution of an Expert Committee on UCBs, which will be chaired by N S Vishwanathan, Former Deputy Governor.
There is also a representative in the Expert Committee from the co-operative sector. Nafcub President Jyotindra Mehta has been made as one of the members in the committee.
The committee comprises Chairman, six members and a convenor. Besides Vishwanathan, Harsh Kumar Bhanwala, the former Chairman of NABARD, Mukund M Chitale Chartered Accountant, retired IAS officers NC Muniyappa and RN Joshi IAS (Retired), Prof MS Sriram, IIM Bangalore, Jyotindra M. Mehta- President of NAFCUB (National Federation of Urban Cooperative Banks and Credit Societies) are the members and Neeraj Nigam- Chief General Manager-in-Charge of RBI’s Department of Regulation is convenor. ....

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