https://www.taxtmi.com/news?id=21706 The Government implemented a revival package for the Short Term Cooperative Credit Structure combining legal and institutional reforms, managerial improvements and financial assistance, requiring Cooperative Banks to achieve deliverables such as minimum capital adequacy, reduction of NPAs, deposit enhancement, implementation of Management Information Systems and Core Banking Solution. Two NABARD administered concessional refinance mechanisms were set up: a Short Term Cooperative Rural Credit (Refinance) Fund conditioned on concessional on lending to eligible borrowers, and a Long Term Rural Credit Fund for concessional long term agricultural refinance. en-us Tue, 16 Jul 2019 10:20:19 +0530 Tue, 16 Jul 2019 10:20:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21706 The Government implemented a revival package for the Short Term Cooperative Credit Structure combining legal and institutional reforms, managerial improvements and financial assistance, requiring Cooperative Banks to achieve deliverables such as minimum capital adequacy, reduction of NPAs, deposit enhancement, implementation of Management Information Systems and Core Banking Solution. Two NABARD administered concessional refinance mechanisms were set up: a Short Term Cooperative Rural Credit (Refinance) Fund conditioned on concessional on lending to eligible borrowers, and a Long Term Rural Credit Fund for concessional long term agricultural refinance. News - Tue, 16 Jul 2019 10:20:19 +0530 https://www.taxtmi.com/news?id=21706