The RBI’s move to convert Primary Agricultural Cooperative Societies (PACS) as Business Correspondents of Central Cooperative Banks in the districts concerned has come under fire. The All-India Cooperative Bank Employees Federation (AICBEF) has not only opposed it tooth and nail, but is also gearing up to protest this “anti-farmer and anti-people” move, said its General Secretary P. Balakrishnan.’..............
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