Eknath Shinde cabinet permits govt offices to do transactions with Maharashtra State Cooperative Bank
The approvals were given on the basis of the bank's role in the cooperative sector, the statement said, adding that the bank's net worth is more than Rs 4,000 crore and it has been posting profits for the past five consecutive years. Auditors have graded the bank in the 'A' category, and no restrictions have been imposed on it by the Reserve Bank of India (RBI), the statement said.