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Cooperative banks seek Government's help

Staff Reporter

DCCB, DCMS chiefs call on Ministers


  • Marketing Minister promises cooperation
  • Cooperative banks told to diversity activities

    HYDERABAD : Andhra Pradesh Cooperative Bank president Vasantha Nageswara Rao on Monday made a plaintive appeal for Government department funds to be kept in District Cooperative Central Banks (DCCB) instead of commercial banks. He was speaking at an interactive session the presidents of newly-elected DCCBs and those of the District Cooperative Marketing Societies (DCMS) had with Ministers -- Kanna Lakshminarayana (Cooperation), Botsa Satyanarayana (Marketing), N. Raghuveera Reddy (Agriculture) and G. Surya Rao (Animal Husbandry) here.

    Mr. Satyanarayana promised them to see that the entire budget in his department was kept in DCCB provided APCOB took the responsibility of re-financing the money down the line.

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