As a part of restructuring of Co-operative credit structure, all the 14 District Cooperative Banks and Kerala State Co-operative Bank will be integrated and form a Kerala Co-operative Bank which will be strengthened in all aspects i.e. economically and technologically. The Kerala Co-operative Bank at the core will be serving co-operatives and their members, but will also function as a modern banking institution participating in the economic growth and prosperity of Kerala. The operating principle would be to eliminate all overlaps at the field level and transfer the business pro-actively to the PACS where the PACS is permitted and capable of handling the business while the Kerala Co-operative Bank provides the back up support to PACS. An amount of Rs.10.00 lakh is provided for the Formation of Kerala Co-operative Bank in 2018-19.<\/p>\n
Assistance in the form of share, loan and subsidy to State co-operative Bank\/District co-operative Banks for computerization of the Banks\/Core banking, installation of ATM facilities and upgradation of technology, acquisition of modern technological devices for the functioning of Banks and for Co-operatives.<\/p>\n
Assistance to District Co-operative Banks to strengthen their share capital base\/ to increase the CRAR position of the banks.<\/p>\n","protected":false},"excerpt":{"rendered":"
As a part of restructuring of Co-operative credit structure, all the 14 District Cooperative Banks and Kerala State Co-operative Bank will be integrated and form a Kerala Co-operative Bank which will be strengthened in all aspects i.e. economically and technologically. The Kerala Co-operative Bank at the core will be serving co-operatives and their members, but […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[127],"tags":[],"class_list":["post-2010","post","type-post","status-publish","format-standard","hentry","category-schemes-applicable-to-various-societies"],"_links":{"self":[{"href":"\/index.php?rest_route=\/wp\/v2\/posts\/2010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2010"}],"version-history":[{"count":1,"href":"\/index.php?rest_route=\/wp\/v2\/posts\/2010\/revisions"}],"predecessor-version":[{"id":2011,"href":"\/index.php?rest_route=\/wp\/v2\/posts\/2010\/revisions\/2011"}],"wp:attachment":[{"href":"\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2010"},{"taxonomy":"post_tag","embeddable":true,"href":"\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}