Uttrakhand: Cooperative banks in CBS loop

Nabard has decided that all the profit making district cooperative banks in Uttrakhand would soon be linked with the core banking solution.

There are altogether 10 such cooperative banks in the state.

Sources say some mini cooperative banks with a sizeable business could also be connected with the CBS system.

Indications are that the cooperative banks would soon be set up in three districts that have so far been without them.