Rajya Sabha

December 4, 2024

Saket Gokhale’s supplementary question during Question Hour on the number of banks operated by MSCSs liquidated from 2019 to 2024 because of scams and bad loans, and steps taken by the ministry to protect the money of the depositors

Saket Gokhale’s supplementary question during Question Hour on the number of banks operated by MSCSs liquidated from 2019 to 2024 because of scams and bad loans, and steps taken by the ministry to protect the money of the depositors

Sir, I have a very specific and pointed question to the hon. Members. Because we are talking about scams in cooperatives, I would like to have some information from the hon. Minister. Sir, please state the total number of banks operated by multi-State cooperative societies that have been liquidated between 2019-2024 because of scams and bad loan ratios. Please also state the steps being taken by the Ministry to protect the money of the depositors which is held in these banks that do scams and get caught with bad loan ratios.