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Plans to bring all co-operative banks under CBS : Minister S T Somashekhar

Plans to bring all co-operative banks under CBS : Minister S T Somashekhar


Mangalore Today News Network

Mangaluru, July 03, 2020:   State Minister for Co-operation S T Somashekhar has said that  measures would be taken to implement Core Banking Solution to all banks in the co-operative sector of the state.

 

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He was speaking after inaugurating the Core Banking Solution  implemented for Primary Agricultural Credit Co-operative Societies at a function held at the Utkarsha  Sahakari Saudha of SCDCC Bank on July 3, Friday. ASHA workers were also distributed honorarium on the occasion.

The Minister said the state government welcomed the Union Government decision to bring all co-operative banks under the Reserve Bank limits.

The SCDCC Bank App was  launched on the occasion by  MP and State BJP President Nalin Kumar Kateel. Tab Banking  was inaugurated by District in-charge Minister Kota Srinivas Poojary.

SCDCC Bank Chairman Dr M N Rajendra Kumar presided over the function.  MLA D Vedavyas Kamath, Belthangady  MLA Harish Poonja,  DK Milk Union Chairman Raviraj Hegde,  SCDCC Bank Vice President Vinay Kumar Soorinje and others were present.


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