Business Daily from THE HINDU group of publications
Sunday, Nov 02, 2008
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Business Daily from THE HINDU group of publications Sunday, Nov 02, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Fixed Deposits States - Kerala Rs 40,000 cr deposits in co-op sector Thiruvananthapuram, Nov. 1 Deposits in Kerala's cooperatives sector have exceeded Rs 40,000 crore, according to the Minister for Cooperatives and Coir Development, Mr G. Sudhakaran. The Minister, while launching the deposit mobilisation campaign by the Department of Cooperatives, said that the deposits target of Rs 50,000 crore set by the Government would be achieved within two years. The collapse of the global banking industry had not affected the cooperative banks in the State, he added. The Minister said that 1,500 cooperative markets would be opened during the festival of Bakrid while 2,000 special markets would come up during Christmas. The department would open a total of 25,000 more markets over and above the existing 22,000 markets, he said. - Our Bureau More Stories on : Fixed Deposits | Co-operatives | Kerala
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