A work shop was organized at Andhra University Platinum Jubilee Hall to discuss the role of cooperative banks in Andhra Pradesh as part of the retirement day celebrations of school of distance education professor P Hrishi Kesava Rao. The symposium was inaugurated by AP State Cooperative Banks chairman Pinnamaneni Venkateswar Rao.

Visakhapatnam cooperative bank chairman (emeritus) Manam Anjenyulu, Kanaka Maha Laxmi bank chairman P Raghunatha Rao, All India Bank Employees Association national secretary BS Ram Babu, APCOB chief general manager K Naga Malleswar Rao, AU Rector Gayatri Devi, Registrar K Niranjan, School of Distance Education in charge director P Hari Prakash and others took part in the program.

‘Cooperative banks are facing cut throat competition from national banks’ said Venkateswar Rao. Reserve Bank of India is showing partiality in cash assignment to our banks and demonetization has impacted the performance of our banks to a great extent’ headed.

‘Cooperative Banks are extending their services to rural areas and giving villagers yeoman services’ said Hrishi Keshav Rao.

‘So many persons who took certificates from SDE are working as CEOs of cooperative Banks’ said in charge director P Hari Prakash.

‘Hrishi Keshav Rao has rendered great services to school of distance education’ said Gayatri Devi.

‘General public comprises of large part of bank members’ said Niranjan.

‘Even though our bad debts are less, common people not in a position to have positive attitude towards cooperative banks’ said Manam Anjaneyulu.

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