By way of PTI
PUNE: Maharashtra Deputy Leader Minister Ajit Pawar on Friday claimed that the selection of scams happening in nationalised banks used to be upper than frauds reported within the cooperative banks.
Talking at an match organised through the Pune District City Cooperative Financial institution, Pawar, who could also be the state finance minister, stated there are discussions about merging nationalised banks, and the transfer will create an area within the banking sector and cooperative banks can fill that up.
“If any small wrongdoing takes position on the stage of cooperative banks, the sphere is defamed to such an extent {that a} belief is created amongst voters that those humans (from cooperative banking sector) delight in flawed deeds,” the minister stated.
Speaking in regards to the selection of scams reported in banks, Pawar stated that during 2018-19, a complete of three,766 instances of (irregularities) have been reported in nationalised banks, involving quantity to the track of Rs 64,509 crore.
The state finance minister refuted a record about scams to the track of Rs 220 crore at cooperative banks and stated that there have been 118 instances of irregularities at city cooperative banks within the nation and the quantity concerned used to be Rs 127 crore.
The selection of scams reported at nationalised banks used to be upper than frauds at cooperative banks, however no propaganda or hue and cry is raised about that, he stated.
Interesting for extra transparency, professionalism and pro-people insurance policies within the cooperative banking sector, Pawar stated that any quantity of irregularity is unacceptable.
A couple of years in the past, an image used to be painted that cooperative banks have been being operated in a flawed manner and allegations of corruption have been being made, he stated.
“Allegations have been made that sugar turbines have been offered cost effectively. Enquiries have been performed through the ACB, EOW, CID, cooperative division or even through a retired pass judgement on of a top court docket, however not anything used to be established,” Pawar stated.
He additional stated that there have been discussions on the nationwide stage about merging nationalised banks, which is able to depart most effective seven or 8 such establishments within the nation.
“If that occurs, a large area will likely be created within the banking sector and concrete cooperative banks can fill that area,” Pawar stated.
