The Union Government has undertaken comprehensive legislative and institutional reforms to strengthen governance, transparency and accountability in multi-State Cooperative Societies through the Multi-State Cooperative Societies (MSCS) (Amendment) Act, 2023. The reforms were outlined by Union Home and Cooperation Minister Amit Shah in a written reply in the Rajya Sabha, highlighting…
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Q3 Performance: DFS Secretary Reviews NARCL Recovery
Shri M. Nagaraju, Secretary of the Department of Financial Services (DFS), Ministry of Finance, chaired a quarterly review meeting with the National Asset Reconstruction Company Limited (NARCL), joined by representatives of all public sector banks. The meeting assessed NARCL’s performance for Q3 and strategic objectives for the upcoming quarter. During…