Nashik District Central Cooperative (NDCC) Bank: The wider industry impact

Nashik District Central Cooperative (NDCC) Bank: The wider industry impact

Nashik District Central Cooperative (NDCC) Bank

The bank reported a profit of Rs 5.47 crore during the financial year.

“Efforts to restore the bank’s past glory are ongoing with state support and guidance,” Bidwai said, stressing that borrowers and depositors remain the bank’s key stakeholders. Citing widespread agricultural distress from droughts, floods, and the pandemic, farmer representative Prakash Shinde and other members said, “We don’t want interest concessions, give us a full interest waiver, as charging interest under OTS would provide no real relief. Nashik : Chaos and heated debate marked the 72nd annual general meeting of the Nashik District Central Cooperative (NDCC) Bank, held at Mahakavi Kalidas Kalamandir under the chairmanship of bank administrator Santosh Bidwai. The assembly unanimously passed a resolution thanking the state govt for approving financial assistance of Rs672 crore towards the bank’s share capital. member-farmers rejected interest charges entirely While bank authorities claimed the scheme was adopted. You Can Also Check: Gold Rate in Nashik | Silver Rate in Nashik | Bank Holidays in Nashik | Public Holidays in Nashik | Petrol Price in Nashik | Diesel Price in Nashik | CNG Price in Nashik | LPG Price in Nashik

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