In a concerted effort to restore the prominence of cooperative banks in India’s agricultural financing system, the Ministry of Cooperation (MoC) and the National Bank for Agriculture and Rural Development (NABARD) held a high-level virtual meeting chaired by Cooperation Secretary Dr. Ashish Kumar Bhutani.
The meeting focused on the declining share of cooperative banks in agricultural credit and identified strategic measures to strengthen their role within the rural credit architecture.
Dr. Bhutani stressed that cooperative banks-especially the three-tier structure comprising State Cooperative Banks (StCBs), District Central Cooperative Banks (DCCBs), and Primary Agricultural Credit Societies (PACS)-form the backbone of rural credit delivery.
With their deep roots in villages and communi

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