Latest Multipurpose Primary Agricultural Cooperative Societies News & Updates

Cooperative Banking Initiatives in Uttar Pradesh Show Positive Impact

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Lucknow, Feb 17 (IANS) The Multipurpose Primary Agricultural Cooperative Societies (M-PACS), launched to strengthen the co-operative banking network and enhance outreach to grassroots workers, are yielding wide-ranging results in Uttar Pradesh.​ According to an official statement, more than 2 lakh new accounts have been opened in district cooperative banks, with deposits totalling around Rs 550 crore, thereby facilitating the integration of the rural economy with the formal banking system.​A…