Tag: Co-operative Banking

The co-operative Banking sector in Andhra Pradesh is back on the growth path after four years, according to Chief Minister Y.S. Jagan Mohan Reddy.In his address at the Diamond Jubilee celebrations of APCOB held in Amaravati, the Chief Minister said growth was driven by the implementation of the recommendations of Nabard Consultancy Services (Nabcons) by the state government.Following the Nabcons’ recommendations, the government amended the 1964 Act to strengthen cooperative banking governance and appointed professionals to run the APCOB and DCCBs through a uniform selection process, besides funneling ₹295...