National Bank for Agriculture and Rural Development (NABARD), New Delhi Regional Office convened the 1st Meeting of the High-Level Committee (HLC) of the Financial Year 2026-27 for monitoring the performance of the Short-Term Cooperative Credit Structure (STCCS) in. The meeting was chaired by Sri Pandurang K Pole, IAS, Secretary (Cooperation), GNCT of Delhi. The meeting was attended by Shri Eda Raja Babu, IAS, Special RCS, GNCTD, Sri Ashok Kumar, General Manager, RBI New Delhi, Sri Nabin Kumar Roy, CGM, NABARD, New Delhi RO and Shri Rajiv Kumar Kadyan, MD (Officiating), Delhi State Cooperative Bank (DStCB) and other Senior Officials from RBI, NABARD.
The HLC ensures continuous supervision, regulatory compliance, and improvement of the cooperative banking system in Delhi.
The Committee deliberated upon the financial performance of Delhi State Cooperative Bank Ltd., status of it’s compliance with Statutory and Regulatory provisions, review of status of it’s Internal Checks & Controls, strengthening Grievance Redressal Mechanisms, Governance and HR issues, technology upgradation & financial inclusion.
Chairing the meeting Shri Pandurang K Pole, IAS, Secretary (Cooperation), GNCT of Delhi, opined that Delhi State Cooperative Bank should diversify its activities and work on various digital modules to enhance the banking footprints of the bank. He also advised RCS office to extend adequate support to DStCB and NABARD.
The Committee reaffirmed its dedication to enhancing Delhi’s Rural Cooperative Banking framework by focusing on stronger governance, embracing modern technology, ensuring stricter financial discipline and driving reforms for better customer satisfaction.