TSCAB wins NABARD all India best performance award

Karimnagar DCCB wins south India best performance award

TS only state to win two national awards

NABARD 40th foundation day celebrated


K M Dayashankar


KARIMNAGAR: The National Bank for Agriculture and Rural Development (NABARD) Mumbai has chosen the Telangana State Cooperative Apex Bank (TSCAB) as the Best state cooperative bank in the country and the Karimnagar District Cooperative Credit Bank (DCCB) as the best DCCB in South India.


The awards were announced on the occasion of 40th foundation celebrations of NABARD on Monday by organising a webinar on “Resilience of Indian agriculture amidst pandemic”. The programme was graced by Union Minister of Agriculture and Farmers Welfare Narendra Singh Thomar, chief economic advisor to Union government Dr Krishnamurthy V Subramanian and NABARD chairman GR Chinthala.


After a gap of over two decades, the NABARD had reintroduced the awards for the best performing cooperative banks in the country. Out of a total of 33 state cooperative banks (SCB) and 353 DCCBs in the country, the NABARD had short-listed six SCBs and 45 DCCBs after analysing the performance for the last three years and chosen the TSCAB and the Karimnagar DCCB as the best state cooperative bank and best DCCB respectively.


In his message through webinar, Konduru Ravinder Rao, chairman NAFSCOB, TSCAB and Karimnagar DCCB, thanked the NABARD for reintroducing the awards to encourage the cooperative banks in the country. Stating that the NABARD had been the pillar of strength for the cooperative banks, he thanked the NABARD chairman for giving priority to the strengthening of PACS and converting them into Multi-service centres.


In a separate message, Mr Ravinder Rao attributed the achievement of winning two national awards and bringing reputation to the newly formed Telangana state to the employees, management committees of both TSCAB and Karimnagar DCCB and also support from the PACS. He also thanked the farmers for reposing the faith on the bank and reach the goal.


TSCAB managing director Dr Nethi Muralidhar congratulated the employees of TSCAB and Karimnagar DCCB for achieving the national level recognition and working with dedication during the pandemic situation and winning prestigious awards. Karimnagar DCCB CEO N Satyanarayana Rao thanked the employees of the bank and the farmers for achieving the national award. He also informed the staff to rededicate to further improve the performance of the bank and provide better services to the customers especially the farmers.



Leave a Reply

Your email address will not be published. Required fields are marked *