New Delhi, March 31 (IANS) The Reserve Bank of India on Tuesday extended the enhanced export credit period of up to 450 days till June 30, 2026, to support exporters facing disruptions due to the ongoing West Asia crisis.The central bank said the decision was taken in view of continuing logistical challenges arising from geopolitical tensions in West Asia.Exporters have been facing delays in shipments and payments due to disruptions in global supply chains and uncertain market conditions.“Due …
Latest cooperative banks News & Updates
New Delhi, March 11 (IANS) Over 7.72 crore Kisan Credit Cards (KCC) are active nationwide with outstanding loans of around Rs. 10.2 lakh crore, an official factsheet said on Wednesday.The KCC platform has onboarded 457 banks after processing over 1,998.7 lakh credit applications, with 631.5 lakh processed through commercial banks, 337.2 lakh through regional rural banks and 1,030 lakh through cooperative banks, according to the statement.The data reflects the broad institutional participation in…
Gandhinagar, Feb 15 (IANS) A high-level meeting of Cooperation Ministers from all states and union territories will be convened in Gujarat’s Gandhinagar on February 17 to review key reforms and expansion plans in the cooperative sector, including the proposed establishment of two lakh new cooperative societies nationwide, officials said on Sunday. The ‘Manthan Baithak’ will be chaired by the Union Home and Cooperation Minister Amit Shah at the Mahatma Mandir convention centre.Cooperation Ministe…
Chennai, Feb 4 (IANS) With the Tamil Nadu Assembly elections approaching, the AIADMK has rolled out the second phase of its election promises, placing social welfare and financial assistance at the centre of its campaign. Party General Secretary Edappadi K. Palaniswami announced a series of benefits aimed at senior citizens, women, students, minorities and economically weaker sections, if the party returns to power.Addressing reporters in Chennai, Palaniswami said the monthly old-age pension wou…
New Delhi, Jan 21 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the Atal Pension Yojana (APY) up to the financial year 2030-31 along with extension of funding support for promotional and developmental activities and gap funding.”The scheme will continue up to 2030-31 with Government support for Promotional and Developmental activities to expand outreach among unorganised workers, including awareness and capacity building. Gap funding…
Kolkata, Dec 25 (IANS) West Bengal BJP chief Samik Bhattacharya, in an open forum of the party meeting on Thursday, requested the Leader of the Opposition, Suvendu Adhikari, to refrain from making explanatory public statements about his background of joining the BJP before the 2021 West Bengal assembly elections. In the open session, Adhikari, during his speech, made an explanatory statement that, like many, he did not join the BJP in 2021 either after being expelled from his previous party or o…