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Home / India / Amit Shah To Kick Start Computerisation Of Rural Banks 585197

Amit Shah to kick-start computerisation of rural banks

Tribune News Service
Updated At : 11:38 AM Jan 29, 2024 IST

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New Delhi, January 28

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Union Minister of Cooperation Amit Shah is set to inaugurate a significant initiative – the Computerisation Project of Agriculture and Rural Development Banks (ARDBs) and the Registrar of Cooperative Societies (RCSs) in all states and union territories.

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This collaborative effort by the Ministry of Cooperation and the National Cooperative Development Corporation (NCDC) aligns with the vision of “Sahkaar Se Samriddhi,” and targets 1,851 units across 13 states and UTs, aiming to connect them with the National Bank for Agriculture and Rural Development through a common national software.

This initiative will standardise business procedures, reduce transaction costs, facilitate streamlined loan distribution to farmers, and provide real-time data access for improved monitoring and assessment.

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