"nafscob"

Pension scheme for cooperative bank staff, assures NAFSCOB chief

He also assured to examine into providing pay scales to the cooperative bank staff after constituting a committee. With regard to the introduction of 2-tier system of cooperative banking sector

National Federation of State Cooperative Banks (NAFSCOB) chairman Konduru Ravinder Rao, addressing the gathering, said the PACS were pillars of the cooperative movement in the country

Till March 31, 2020, the bank had done business of Rs 3,757 crore including Rs 1,832 crore deposits and Rs 1,925 crore loans.

This is the first time in the 55-year history of the NAFSCOB, an apex body of cooperative banks in the country, that a Telugu person has been elected as the chairman for a period of five years.