Mysuru: The Mysuru & Chamarajanagar District Central Co-operative (MCDCC) Bank has extended a loan of Rs. 452.47 crore last year according to the Bank Chairman S. Chandrashekar. In a press release, Chandrashekar said that the loans disbursed included Rs. 357.41 crore short-term crop loan, Rs. 59.93 crore to new members of the Bank, Rs. 13.01…
Mysuru: The Karnataka Administrative Tribunal (KAT) has stayed the Joint Registrar of Co-operative Societies’ (Mysuru Zone) order removing C. Basavegowda as Director of the MCDCC Bank. Yachenahalli PLD Bank President Y.N. Shankaregowda had petitioned the Joint Registrar of Co-operative Societies, seeking the removal of Basavegowda as MCDCC Bank Director, on the ground that Basavegowda has…
Mysuru: With Chief Minister Siddharamaiah on Wednesday announcing crop loan waiver of up to Rs. 50,000 for farmers who have taken loans from Agricultural Co-operative Banks across the State, the city’s Mysuru-Chamarajanagar District Central Co-operative Bank (MCDCC) will waive off farm loans of 60,674 farmers amounting to Rs. 247.30 crores. MCDCC Bank President S. Chandrashekar…
Mysuru: The Mysuru Region Joint Cooperative Registrar’s Court has ordered the cancellation of C. Basavegowda’s post as the Director of Mysore and Chamarajanagar District Central Cooperative (MCDCC) Bank. During the elections for the Director’s post held on November 22, 2013, Basavegowda had contested from Rangasamudra Primary Agricultural Credit Cooperative Society in T. Narasipur and had…
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