More than 50 percent of the rural credit is disbursed by the co-operative banks and the National Bank for Agriculture & Rural Development (NABARD) is responsible for the regulation and supervising of the functions of these banks.
from Firstpost Business Latest News https://ift.tt/2xd6enh
Tuesday, 25 June 2019
Cooperative banks' fraud: Forty out of 50 banks in Uttar Pradesh hit by fraud; loan amounts forged, subsidy money siphoned off
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