Maharashtra cabinet approves Rs 827 crore for DCCBs; finance dept opposed; administrators take charge
Maharashtra's cabinet approved Rs 827 crore for three loss-making District Central Cooperative Banks, overriding finance department objections. Despite past failures and financial strain, the government aims to support farmers' access to crop loans. The move follows accumulated losses and administrative changes in these banks.
Maharashtra's cabinet approved Rs 827 crore for three loss-making District Central Cooperative Banks, overriding finance department objections. Despite past failures and financial strain, the government aims to support farmers' access to crop loans. The move follows accumulated losses and administrative changes in these banks.
