Top Co-Ops Plan Insurance Foray, Apex Bank

The co-operatives have come together at the behest of the National Co-operative Union of India (NCUI), which favours the setting up an apex bank to check the leakage of resources generated by the co-operative sector.

Major co-operatives like Nafed, Saraswat Bank, Iffco and Kribhco have already pooled together Rs 50 crore