NABARD Hosts First High-Level Committee Meeting on Cooperative Credit Institutions in Delhi

18 September 2025, New Delhi: The National Bank for Agriculture and Rural Development (NABARD) convened the first High-Level Committee (HLC) meeting for the financial year 2025–26 on Short-Term Cooperative Credit Institutions of Delhi, on 16 September 2025 at its Regional Office in New Delhi.

The meeting was chaired by Shilpa Shinde, IAS, Secretary (Cooperation), Government of NCT of Delhi. The committee reviewed the financial and governance framework of Delhi’s cooperative credit institutions, with a focus on strengthening compliance, enhancing technology adoption, and ensuring effective credit delivery at the grassroots.

Delhi’s Short-Term Cooperative Credit Structure (STCCS) operates in a unitary framework, with the Delhi State Cooperative Bank (StCB) functioning as the apex institution through its 50 branches across the NCT. The state does not have Primary Agriculture Cooperative Societies (PACS) or District Central Cooperative Banks (DCCBs), but several other cooperatives in sectors such as credit and thrift, housing, handloom, and consumer services remain active.

During the discussions, members examined the performance of Delhi StCB, noting areas requiring improvement in line with guidelines and directives from the Government of India, the Reserve Bank of India (RBI), CERT-IN, and NABARD. The need for business diversification, technology upgrades, and stronger governance measures was underscored.

The chair highlighted the critical role of cooperative banks in rural and semi-urban credit delivery and called for modernization and strategic growth to maintain competitiveness. The meeting also reviewed national initiatives promoting transparency and competitiveness in the cooperative sector, aligned with the vision of “Sahakar se Samriddhi.” Preparations for the upcoming Cooperative Week in November 2025, which coincides with the International Year of Cooperatives (IYC) 2025, were also discussed.

The meeting was attended by Ashok Kumar, General Manager, Reserve Bank of India; Krishna Kumar Singh, IAS, Registrar of Cooperative Societies, Government of NCT of Delhi; Rajiv Kumar Kadyan, Officiating Managing Director, Delhi State Cooperative Bank; Nabin Kumar Roy, General Manager & Officer-in-Charge, NABARD New Delhi Regional Office (Convener of the HLC); and  Savitri Singh, Deputy CEO, National Cooperative Union of India, as Special Invitee.

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