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The Hindu
The Hindu
National
Special Correspondent

Cooperative bank for milk producers to begin operations in 15 days, says Somashekar

ST Somashekar Amit Shah Basavaraj Bommai Periyapatna

The cooperative bank for milk producers – Nandini Ksheera Samruddhi Cooperative Bank – will begin operations in about 10 to 15 days after obtaining permission from Reserve Bank of India.

Speaking after inaugurating the Periyapatna taluk sub=office of MYMUL near here on Tuesday, Minister for Cooperation S.T. Somashekar said Chief Minister Basavaraj Bommai had announced the setting up of the bank to ensure financial stability to the milk producers in the State.

Union Home Minister Amit Shah, who also holds the Cooperation Ministry portfolio, had released the logo of the bank during a function in Bengaluru recently.

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