National Cooperative Bank refunds available fund in its patronage fund to member cooperatives; refunds total of Rs 18.55 crore

Fri, Jun 16, 2023 11:09 AM on Latest, Corporate,

National Cooperative Bank has returned the fund available in its patronage Fund to the member cooperatives.

In total, the cooperative bank has made a disbursement of Rs 18.55 crore to the associated cooperatives. One of the cooperatives has received a total refund of Rs 42.07 lakh in the deposit category and another Rs 11.48 lakh in the loan category, as per the media statement.