Tuesday, October 8, 2013

DCBs enrolling individuals

On the directive of the RBI and at the insistence of Nabard, the District Cooperative Banks (DCBs) in the state have started enrolling individuals as members. So far, DCBs had been admitting only affiliated societies like Primary Agriculture Credit Societies (PACS) as members. Nabard had earlier issued a circular asking the PACS to entrust their assets and liabilities with the DCBs and function as DCB agencies............

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