5-fold enhance in mixed web revenue of fifty district cooperative banks: UP govt

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Could 28, 2025 10:22 PM IST

To assist farmers, crop mortgage disbursement elevated by banks to ₹11,516 crore; it ensured monetary assist for agricultural actions, contributing to elevated farm productiveness

LUCKNOW The UP authorities launched varied measures to strengthen cooperative establishments and the result’s evident earlier than the individuals. The web revenue of the Uttar Pradesh Cooperative Financial institution elevated to ₹100 crore from ₹32.82 crore whereas the overall enterprise of district cooperative banks expanded considerably to ₹41,234 crore, a state authorities spokesperson mentioned.

Mortgage disbursement by the UP Cooperative Financial institution elevated to ₹23,061 crore from ₹9,190 crore in 2017. (Pic for illustration)

Mortgage disbursement by the UP Cooperative Financial institution elevated to ₹23,061 crore from ₹9,190 crore in 2017.

The mixed web revenue of fifty district cooperative banks elevated from ₹36 crore in 2017 to ₹162 crore in 2025 — a fivefold enhance showcasing the effectiveness of the federal government’s monetary technique and its dedication to the cooperative sector, he acknowledged.

To assist farmers, the crop mortgage disbursement was elevated by banks to ₹11,516 crore. It ensured monetary assist for agricultural actions, contributing to elevated farm productiveness, he mentioned.

13 new branches of cooperative banks had been established, and PACS upgraded into multi-service centres. These centres now provide a variety of providers — akin to banking, seeds, fertilisers, and insurance coverage — underneath one roof, enhancing comfort for rural communities, he added.

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