National Federation of State Cooperative Banks' Managing Director Bhima Subrahmanyam said the intention of RBI guidelines is to destabilise and dismantle the three tier cooperative credit structure in the country.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/ncui-voices-concerns-over-rbi-guidelines-for-merger-of-district-central-co-op-banks-with-state-co-op-banks/articleshow/82976292.cms
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