The INS News
No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog
No Result
View All Result
The INS News
No Result
View All Result
Home News Regional

Govt to to appoint Administrator, Professional Board for Cooperative Banks

INS Desk by INS Desk
December 17, 2018
A A
Ahead of polls, SAC approves honorarium of Rs 2500 to Sarpanchs, Rs 1000 to Panchs
Share on FacebookShare on TwitterWhatsappTelegramEmail

Jammu: The State Administrative Council (SAC) headed by Governor, Satya Pal Malik approved amendments to the Jammu and Kashmir Cooperative Societies Act, 1989. The Bill seeks to replace the J&K Cooperative Societies (Amendment) Ordinance, 2018 promulgated by the Governor on 14.06.2018.
The amendments will enable the Government to constitute a Board of Management or Administrator for a period of 2 years to manage the affairs of Cooperative Banks instead of six months as contained in the earlier legislation. The amendment will also help to implement the various revival packages of Central and the State Governments for such Banks. It will also enable the Government constitution of Professional Boards for three District Central Cooperative Banks (DCCBs) viz; Jammu, Baramulla and Anantnag Central Cooperative Banks for management of their affairs and judiciously use the recapitalization amount of Rs 366.71 Crore for attaining and maintaining a Capital to Risk Assets Ratio (CRAR) of 9%.

RELATED POSTS

24 IAS, JKAS officers transferred, Akshay Labroo is new DC Sgr

“11 years of Modi Govt Golden era of modern India”: Darakhshan

Panel report on reservation will be tabled in cabinet meet soon: CM Omar

Buy JNews
ADVERTISEMENT
Previous Post

Chairman JKPS, MLC Arora, VC CUJ meets Governor

Next Post

Govt forms panel to formulate action plan for revival of polluted rivers

INS Desk

INS Desk

Related Posts

3 DCs among 41 IAS, JKAS officers transferred in J&K
Regional

24 IAS, JKAS officers transferred, Akshay Labroo is new DC Sgr

June 11, 2025
“11 years of Modi Govt Golden era of modern India”: Darakhshan
Regional

“11 years of Modi Govt Golden era of modern India”: Darakhshan

June 11, 2025
Local horse rider was killed as he tried to save tourists: CM Omar
Regional

Panel report on reservation will be tabled in cabinet meet soon: CM Omar

June 11, 2025
LG reviews preparations for celebration of Independence Day-2024
Regional

Foolproof security in place for smooth conduct of Amarnath Yatra: LG

June 11, 2025
Will seek suggestions from all stakeholder on academic session restoration: Sakina Itoo
Regional

Heatwave: Govt mulls early summer break for students

June 11, 2025
LG conducts on-site inspection of Yatri Niwas at Baltal
Regional

LG conducts on-site inspection of Yatri Niwas at Baltal

June 11, 2025
Next Post
Illegal sand extraction goes unabated in Anantnag District

Govt forms panel to formulate action plan for revival of polluted rivers

Allegations of discrepancies in CCE-2016 unwarranted: Chairman JKPSC

Allegations of discrepancies in CCE-2016 unwarranted: Chairman JKPSC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *




Govt shifts 6 KAS officers, gives additional charge to other  

3 KAS officers shifted, another gets additional charge

December 26, 2017
Four Pesticides Labs, Modern storage systems to come up in J&K: LG

Four Pesticides Labs, Modern storage systems to come up in J&K: LG

December 25, 2020
Union Minister and BJP Leader Anant Kumar dies at 59:Karnatka  declares 3 days mourning

Governor expresses grief over demise of Ananth Kumar

November 12, 2018

About

Indian News Service (INS) is the first registered online news portal from the state of Jammu & Kashmir. Our creative team consists of like-minded and socially concerned team of media professionals who carry decades of experience in their field of profession at their back. Our core values have pillars in honesty, empathy, credibility, equality and integrity.

More

© 2022 INS News - Designed by GITS.

No Result
View All Result
  • Home
  • News
    • Regional
    • Srinagar
    • Jammu
    • National
    • World
  • Business & Economy
  • Multimedia
    • Photo Gallery
    • Video Gallery
  • Health
  • Jobs & Careers
  • Press Releases
  • Blog

© 2022 INS News - Designed by GITS.