Issue of RBI disparity towards cooperative banks being addressed: MoS cooperation


Issue of RBI disparity towards cooperative banks being addressed: MoS cooperation

"The NCUI President talked about the problem faced due to RBI's different approach towards cooperative banks ... such issues have been discussed point-wise with the RBI chief and the Finance Minister. There was a positive discussion and the decision is in the pipeline. That decision will be in our favour," Verma said.

The scheme allows customers to have a new current account by maintaining a monthly average balance of Rs 25,000 and avail a host of premium facilities, the bank’s new chairman P Pradeep Kumar and MD & CEO MS Mahabaleshwara told reporters on Monday.


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