Cooperative Banking Reforms in Odisha

The state of cooperative banking in Odisha, as reported by the Reserve Bank of India and the National Bank for Agriculture and Rural Development, includes 9 Urban Cooperative Banks, 18 Rural Cooperative Banks, and 4,287 Primary Agricultural Credit Societies. Significant measures have been undertaken to enhance the financial stability and governance of these banks. The Government of India, alongside RBI, has facilitated regulatory improvements, technology integration, and financial support to boost cooperative banking in the state. The Government of Odisha has also contributed to the strengthening of District Central Cooperative Banks by providing capital assistance.

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