Author: SahkarNet

Amul has strengthened its position as one of India’s most frequently chosen FMCG brands. The brand has emerged as the country’s most chosen beverage brand in the latest Brand Footprint India report while also breaking into the top five of the overall out-of-home (OOH) FMCG ranking for the first time. The 14th edition of the Brand Footprint India 2026 report, released by Worldpanel by Numerator on August 13, tracks consumer choices made during 2025. It ranks 427 FMCG brands across food, home care, health and beauty, beverages, snacking and dairy on the basis of Consumer Reach Points (CRPs). CRP combines…

The Reserve Bank of India’s proposed changes to the framework for interest rates on loans could significantly alter how lenders determine and revise loan pricing. The draft directions cover commercial banks, regional rural banks, cooperative banks, all-India financial institutions and NBFCs, with the broader objective of making interest-rate setting more transparent and consistent. The draft RBI (Interest Rates on Loans and Advances) Directions, 2026 are proposed to come into effect from April 1, 2027. For cooperative banks, the changes are particularly relevant because they introduce clearer rules around benchmark rates, spreads and their revision. For floating-rate loans, the RBI has…

New Delhi: The National Co-operative Development Corporation (NCDC) is set for a wider role in financing India’s cooperative sector, with Parliament approving amendments that seek to make funding more direct and flexible. The National Co-operative Development Corporation (Amendment) Bill, 2026 was introduced in the Lok Sabha on August 10 and subsequently passed by the House. The Rajya Sabha also passed the legislation on August 12, clearing the way for the proposed changes to the NCDC Act, 1962. At the heart of the amendment is a relatively simple change: NCDC would no longer be limited to financing programmes through cooperative societies.…

New Delhi: India’s cooperative movement continues to be one of the world’s largest but govt’s reply in Parliament on Wednesday indicates reveals promising yet challenging situation in the sector. Nearly 38% of all functional cooperative societies in the country are currently running at a loss, underscoring the urgent need for business diversification, institutional reforms and financial strengthening. Understanding the Cooperative Data In a written reply to Rajya Sabha MP Sanjay Singh (AAP), Union Home and Cooperation Minister Amit Shah said that as on 15 July 2026, India has 8,53,430 cooperative societies. Of these, 6.63 lakh are functional, 1.41 lakh are non-functional,…

Mumbai: The Reserve Bank of India (RBI) has imposed a cumulative penalty of ₹18.60 lakh on four cooperative banks across Maharashtra, Madhya Pradesh and Karnataka for violating various regulatory directions. The penalties were imposed after supervisory inspections revealed deficiencies in compliance with provisions of the Banking Regulation Act, 1949 and other RBI guidelines. The highest penalty of ₹10.10 lakh has been imposed on Raigad District Central Cooperative Bank (DCCB) Ltd, Maharashtra. According to RBI, a statutory inspection conducted by the National Bank for Agriculture and Rural Development (NABARD) found that the bank had sanctioned a loan to an entity related…

Multipurpose Cooperative Societies are among the most versatile institutions in Kerala’s cooperative movement, providing a wide range of economic and social services under one roof. Depending on local needs, these societies support members through agricultural inputs, consumer goods, savings and credit, marketing, housing assistance, healthcare, education and welfare activities. Their integrated service model has strengthened self-reliance, improved access to essential services and contributed to inclusive community development. SahkarNet.com presents the Top 10 Multipurpose Cooperative Societies in Kerala, highlighting institutions recognised for their diversified services, strong governance, innovation and lasting contribution to the state’s cooperative sector. Top 10 Multipurpose Cooperatives in…

Kerala’s cooperative movement has played a transformative role in strengthening the state’s agricultural economy by empowering farmers, promoting value addition, and improving market access. Agro cooperatives have been at the forefront of supporting producers through the supply of quality inputs, processing facilities, credit, storage, marketing, and extension services. These institutions have significantly contributed to the development of sectors such as spices, coconut, rubber, fruits, vegetables, dairy and allied agriculture. SahkarNet.com presents the list of Top 10 Agro Cooperatives in Kerala, showcasing institutions that have made notable contributions to agricultural development, farmer welfare, rural livelihoods and the cooperative movement in the…

Credit & Thrift Societies have been an integral part of Kerala’s cooperative movement, fostering a culture of savings, financial discipline and mutual assistance among their members. These member-owned institutions mobilise savings, provide affordable credit and support individuals and families in meeting personal, educational, housing, healthcare and small business needs. By promoting financial inclusion and encouraging responsible borrowing, they have strengthened community-based finance across the state. SahkarNet.com presents the Top 10 Credit & Thrift Societies in Kerala, highlighting institutions that have demonstrated excellence in member services, governance, financial management and their contribution to Kerala’s vibrant cooperative ecosystem. Top 10 Credit &…

Housing Cooperative Societies have played a significant role in promoting affordable, community-driven and sustainable housing across Kerala. Established on the principles of mutual cooperation and democratic governance, these societies have helped thousands of families access quality housing while encouraging collective ownership, transparent management and better community living. Many housing cooperatives have also contributed to planned urban development by developing residential projects and supporting housing finance. SahkarNet.com features the Top 10 Housing Cooperative Societies in Kerala, highlighting institutions that have excelled in housing development, member services, governance, innovation and their contribution to the state’s cooperative housing movement. Top 10 Housing Cooperative…

Urban Cooperative Banks (UCBs) have become an important pillar of Kerala’s cooperative banking ecosystem, providing accessible and affordable financial services to urban and semi-urban communities. These member-owned institutions cater to individuals, small businesses, traders, professionals and self-employed entrepreneurs by offering deposits, loans, digital banking and other financial products. Over the years, Kerala’s Urban Cooperative Banks have strengthened financial inclusion while supporting local economic development through community-oriented banking. SahkarNet.com presents the Top 10 Urban Cooperative Banks in Kerala, highlighting institutions recognised for their financial performance, governance standards, customer service, innovation and contribution to the cooperative banking sector. Top 10 Urban Cooperative…