The members of Andhra Pradesh Co-operative Central Banks Employees’ Association (APCCBEA) on Monday staged a protest, demanding the implementation of two-tier system for the co-operative banks in the State.
The protesters gathered at the Dharna Chowk in response to the call given by All India Co-operative Bank Employees Federation.
Speaking on the occasion, APCCBEA general secretary K.V.S. Ravi Kumar said that implementation of two-tier system by merging the district co-operative banks with the state co-operative banks will only help strengthen the banks. It will also help reduce the burden on farmers who borrow money from the cooperative banks.
