APCOB central office at NTR Sahakara Bhavan

Monday, February 22, 2016

  • Rs.10,000 crore advances
  • M.Srinivasa Rao appointed as CIO
  • Five ATMs in every District Cooperative Bank
  • ATM cards will be distributed by April 1

The Andhra Pradesh Cooperative Central Bank (APCOB) central office will be opened at NTR Sahakara Bhavan, Help Hospital Road, Besant Road, Vijayawada according to its Chairman Pinnamaneni Venkateswara Rao. The Central Office will be located at NTR Sahakara Bhavan and a decision has been taken to this effect by the Executive Body. He said that there are 18 lakh farmers as members and is extending loans to the tune of Rs.10,000 crore. The Executive has appointed M.Srinivasa Rao as the APCOB Chief Information Officer. Five ATMs will be established in all district Cooperative Central Bank offices and the ATM cards would be delivered by April 1 to all the account holders. Another 15 bank branches would be opened in Guntur and Krishna districts, he said.

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