Amit Shah to address national conclave on urban cooperative banks on Thu


PTI, Jun 22, 2022, 4:37 PM IST

New Delhi: Union Cooperation Minister Amit Shah is scheduled to address a national conclave that will deliberate on the future role of the urban cooperative credit sector in the country.

The conclave will discuss various issues related to Scheduled and Multi-State Urban Co-operative Banks and Credit Societies and will also felicitate Urban Cooperative Banks that have completed 100 years of service to society, an official statement said.

The Minister of State for Cooperation B L Verma, Chairman Emeritus of the National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) H K Patil and senior ministry officials will be present at the event.

Among other issues, the Conclave will discuss recommendations of the Reserve Bank of India’s expert committee, the Banking Regulation (Amendment) Act, 2020, and its impact and developments, the role of credit societies in the financial sector scenario with special reference to multi-state societies and the issue of regulation and taxation of cooperative credit societies.

The Conclave will also felicitate Urban Cooperative Banks that have completed 100 years of service to society. There are 197 such banks in the country.

Urban Cooperative Banks are among the oldest banking institutions in the country. They have been in existence for well over a century. They are banks organised and managed by a cross section of people from society that could include teachers, lawyers, traders, doctors, engineers, social workers and others for providing banking services to their members.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Moodbidri: Judges’ decision to be final, says District Kambala Committee

Gautam Adani, nephew Sagar not charged with bribery, but with fraud: Adani Green clarifies amid US DoJ indictment

‘Low-quality’ catheters supplied to West Bengal govt hospitals at high price, probe ordered

Bengaluru: CM Siddaramaiah questions Pejawar Swamiji’s comments on Constitution

EC notifies by-polls for three Rajya Sabha seats from Andhra

Deputy CM Shivakumar hints about Cabinet reshuffle on cards in Karnataka

BJP to corner Congress govt in K’taka on Waqf issue, alleged scams, during legislature session

Related Articles More

Gautam Adani, nephew Sagar not charged with bribery, but with fraud: Adani Green clarifies amid US DoJ indictment

‘Low-quality’ catheters supplied to West Bengal govt hospitals at high price, probe ordered

EC notifies by-polls for three Rajya Sabha seats from Andhra

Section 52A of Waqf Act has no retrospective effect, says Kerala HC

Seeding car crashes into divider on highway in Mumbai; Two college students dead

MUST WATCH

Grafting

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing


Latest Additions

Moodbidri: Judges’ decision to be final, says District Kambala Committee

Gautam Adani, nephew Sagar not charged with bribery, but with fraud: Adani Green clarifies amid US DoJ indictment

“Don’t fear anyone, won’t stop Waqf protest”: Basanagouda Patil Yatnal

‘Low-quality’ catheters supplied to West Bengal govt hospitals at high price, probe ordered

Bengaluru: CM Siddaramaiah questions Pejawar Swamiji’s comments on Constitution

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.