Follow Us on Google News Bengaluru, July 19 (IANS) The investigation into the Shushruti Co-operative Society fraud case in Bengaluru by the Enforcement Directorate (ED) sleuths has revealed cheating of investors, diversion of funds to amass property by the main accused V. Srinivasa Murthy, his wife Dharini Devi and daughter Mokshatara. According to an official … Read more
Follow Us on Google News Chennai, July 19 (IANS) After facing widespread criticism over the mandatory CIBIL verification for crop loans, the Tamil Nadu Cooperative Department has introduced another controversial requirement for farmers seeking credit through Primary Agricultural Cooperative Societies (PACS). According to a recent directive, farmers must now obtain a No Objection Certificate (NOC) … Read more
Follow Us on Google News Bengaluru, July 17 (IANS) The Directorate of Enforcement (ED) sleuths on Thursday conducted raids in connection with the Shushruti Co-operative Society fraud case in Bengaluru. According to sources, raids were carried out at more than ten locations across the city. Earlier, in 2022, the Bengaluru Central Crime Branch (CCB) had … Read more
Follow Us on Google News Jaipur, July 17 (IANS) Union Home and Cooperative Minister Amit Shah will inaugurate the Cooperative and Employment Festival being organised in Dadiya village of Rajasthan’s Jaipur on Thursday. The event is being held under the banner of the International Cooperative Year, declared by the United Nations General Assembly for 2025. … Read more
Follow Us on Google News Mumbai, July 15 (IANS) Maharashtra Cooperation Minister Babasaheb Patil said on Tuesday that there will be transparency in the redevelopment process of cooperative housing societies in the state and justice will be ensured to its members. He was replying to a calling attention motion moved by Assembly member Haroon Khan … Read more
Follow Us on Google News New Delhi, July 5 (IANS) At the foundation stone laying ceremony of India’s first National Cooperative University — Tribhuvan Sahkari University — in Anand, Gujarat, Union Home and Cooperation Minister Amit Shah highlighted that the initiative embodies Prime Minister Narendra Modi’s steadfast commitment to empowering and advancing the cooperative movement … Read more
Follow Us on Google News Mumbai, June 30 (IANS) The Reserve Bank of India (RBI) on Monday imposed monetary penalties on two co-operative banks for failing to comply with its regulatory directions. In an order dated June 26, the RBI imposed a penalty of Rs 14.30 lakh on Shree Kadi Nagarik Sahakari Bank Limited, based … Read more
Follow Us on Google News Chennai, June 30 (IANS) Several farmers of the delta districts of Tamil Nadu — the rice bowl of the state — are forced to turn to private money lenders and micro finance firms who charge anywhere between 36 per cent to 60 per cent after cooperative societies delay disbursing crop … Read more
Follow Us on Google News Mumbai, June 20 (IANS) Union Minister of Cooperation, Amit Shah on Friday said that the cooperation ministry has taken a slew of decisions to transform the cooperative sector across the country. He announced that the government will establish a cooperative insurance company to facilitate insurance services within the cooperative sector … Read more