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Cities with over 2L population to have coop banks, says Shah

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Union Home Minister and Minister of Cooperation Amit Shah on Monday said the Government would set up an urban cooperative bank in every city with a population of over 2 lakh within the next five years.

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Addressing the international conference on the urban cooperative credit sector — Co-Op Kumbh 2025 — in the national capital, Shah said the event marked the International Year of Cooperatives and would play a key role in charting a roadmap to scale and modernise the cooperative banking ecosystem. He said the ‘Delhi Declaration 2025’ would serve as a strategic blueprint for expanding and strengthening Urban Cooperative Banks across the country.

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