Support for crisis-hit cooperative sector institutions

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The Kerala Co-operative Development and Welfare Fund Board has sanctioned ₹28.5 crore arsenic indebtedness for propping up 8 crisis-hit cooperative assemblage institutions including the Kandala Service Cooperative Bank. The determination was taken by the committee gathering held the different day, Minister for Cooperation V.N. Vasavan said connected Wednesday. The pursuing institutions volition person help: Chakkitapara Service Cooperative Bank (₹5 crore), Kanjiram Service Cooperative Bank (₹2 crore), Omallur Service Cooperative Bank (₹5 crore), Koduvally Scheduled Caste Cooperative Society (₹50 lakh), EMS Memorial Cooperative Hospital and Research Centre (₹2 crore), Cherpulassery Cooperative Hospital (₹2 crore), Kandala Service Cooperative Bank (₹6 crore) and Thirumala Service Cooperative Society (₹6 crore). The determination is aimed astatine strengthening crisis-ridden cooperative assemblage institutions, the Minister said.

Published - March 11, 2026 08:44 p.m. IST

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