CoopNews™
Updates from India's cooperative sector
Investments in cooperative societies safe, says Kerala CM
Chief Minister Pinarayi Vijayan has reassured investors that their deposits in State’s cooperative societies are safe. Speaking at the inauguration of Kerala Bank’s year-long action plan in Kannur on Monday (November 25), he stressed that the State government guarantees the stability of the cooperat
Kerala sought greater central support for cooperative sector: Minister Liju
Kerala Minister M Liju on Saturday said the state government had sought greater support from central cooperative agencies to strengthen the cooperative sector. Thiruvananthapuram | Kerala Minister M Liju on Saturday said the state government had sought greater support from central cooperative
14 JULY 2026Very few large multi-state co-operative credit societies will be eligible for conversion into UCBs
Large MSCCS like Buldana Urban Co-operative Credit Society, Lokmanya Multipurpose Cooperative Society, and Shri Beereshwar Co-Op Credit Society Ltd could qualify for a UCB license Only a handful of large multi-state co-operative credit societies (MSCCS) may be eligible for conversion into urban co-o
03 JULY 2026Government Strips Local Cooperative Boards of Autonomous Land Buying Power
THIRUVANANTHAPURAM — In a major policy shift aimed at curbing financial irregularities, the Kerala Department of Cooperation has finalized a comprehensive regulatory framework governing how primary cooperative societies acquire, sell, and manage immovable real estate assets. Under the strict new dir
01 JULY 2026FEDERAL CRACKDOWN ON MULTI-STATE SOCIETIES
THIRUVANANTHAPURAM — In an escalating cross-border regulatory crackdown, the Central Office of the Cooperative Ombudsman has initiated severe punitive proceedings against several defiant Multi-State Cooperative Societies (MSCS) operating across Kerala. The federal intervention, executed under the ae
01 JULY 2026Registrar Enforces Strict New Caps on Primary Fixed Deposit Interest Rates
THIRUVANANTHAPURAM : In a major regulatory intervention aimed at stabilizing rural banking networks, the Kerala Registrar of Cooperative Societies has issued a statutory mandate enforcing strict new upper limits on fixed deposit interest rates. The emergency directive applies uniformly to all Primar
19 JUNE 2026MINISTER ORDERS IMMEDIATELY HALT TO PROPERTY ATTACHMENTS
THIRUVANANTHAPURAM : In a decisive statutory intervention to ensure the unhindered success of the state's ongoing One-Time Settlement (OTS) drive, Kerala's Co-operation and Excise Minister, M. Liju , has issued a strict executive order immediately suspending all pending property attachments and asse
19 JUNE 2026FULL PENAL INTEREST WAIVER ANNOUNCED IN NEW OTS GUIDELINES
KOCHI : The Department of Cooperation, Government of Kerala , has officially finalized the operational protocols for its newly active 'Ashwas-2026' scheme, introducing a sweeping 100 percent waiver on all accumulated penal interest for eligible overdue cooperative loans. Historically, the continuous
19 JUNE 2026GOVT UNVEILS 'ASHWAS-2026' TO RESCUE DEFAULTING BORROWERS
THIRUVANANTHAPURAM : In a major bid to provide comprehensive financial relief to the state's agrarian and rural sectors, the Government of Kerala has officially launched a massive 100-day One-Time Settlement (OTS) program titled ' Ashwas-2026 ' . Scheduled to run from June 1 to August 31, 2026, the