The Reserve Bank of India (RBI) on Wednesday gave its nod to start that Kerala Bank, a venture proposed by the Kerala government. “It will be Kerala Cooperative Bank, but will be referred to as Kerala Bank. It will have all the facilities of a commercial bank, including ATMs. It will be implemented fast,” said […]

Resurgent Kerala Loan, a loan scheme to be worked out through Kudumbashree Mission, launched on September 28. Cooperative and Tourism Minister Kadakampally Surendran inaugurated the project in Kunnamkulam. Resurgent Kerala Loan aims at providing financial assistance to the flood-hit families to rebuild their lives step by step. Through the scheme, the Kudumbashree members will get […]

Amalgamation of State and district cooperative banks a prelude to the formation of Kerala Bank The State Cabinet has given its nod for the amalgamation of the Kerala State Cooperative Bank and the 14 district cooperative banks as a prelude to the formation of Kerala Bank. With this, the primary cooperative credit societies would take […]

The cooperative sector is ready to construct 4,000 houses in flood-affected areas and is awaiting the list of beneficiaries from the Revenue Department, Minister for Cooperation Kadakampally Surendran has said. Addressing a meet-the-press organised by the Thiruvananthapuram Press Club on Thursday, Mr.Surendran said cooperative societies have decided to construct 1,500 houses and members of cooperative […]