Monday, November 21, 2011

'State cooperative banks up to snuff'

... He added that institutions like NABARD are not supporting the cooperative sector because of the policy changes of the RBI. "The RBI policies have affected the service attitude of the NABARD, which was compelled to enter the financial market when it didn't get sufficient fund from other operations. The move to commercialise NABARD adversely affected the cooperative sector," and claimed that all these moves are the result of globalization............

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