 "Chhattisgarh govt to merge DCCBs with state cooperative banks")
The Chhattisgarh government has decided to merge all the branches of the district central cooperative banks (DCCBs) with the state cooperative banks.
“This was a crucial and historic decision taken in the interest of the farmers,” Chief Minister Raman Singh said after the state cabinet approved the proposal today. The merger of DCCBs into a single entity would serve the farmers with better and efficient banking facilities, he added.
The decision would enable small DCCB to merge into the state cooperative bank that would ensure the fiscal strength of the entity. After the merger, the working capital of the bank
