Chhattisgarh Government to merge DCCBs with state cooperative bank

Posted on:13 Jul 2017 11:35:59
Chhattisgarh Government to merge DCCBs with state cooperative bank
13 July 2017 Current Affairs: The Chhattisgarh Government has planned to merge all District Cooperative Central Banks (DCCBs) of the state into a single State Cooperative Bank.

The farmers will get modernised bank facilities at the village level along with ATM and Micro ATM services.

It will directly affect the State Government’s interest subsidy, where it will be saving Rs 40-50 crore annually.
The Chhattisgarh Government has planned to merge all District Cooperative Central Banks (DCCBs) of the state into a single State Cooperative Bank.

The farmers will get modernised bank facilities at the village level along with ATM and Micro ATM services.

It will directly affect the State Government’s interest subsidy, where it will be saving Rs 40-50 crore annually.

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