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
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.
