Archive · 2 Oct 2025
MSCB Donates ₹10 Crores to CM Relief Fund for Farmers
The Maharashtra State Cooperative Bank (MSCB), known as a bank for farmers, has given ₹10 Crores to the Chief Minister's Relief Fund.
This money will help farmers in Maharashtra who have suffered from heavy rains.
The bank provides loans to farmers and has given out a large amount of loans this year.
The bank's symbol shows a farmer, meaning that helping farmers is its main goal.
The bank is urging other cooperative institutions to donate to the relief fund as well.
According to RBI rules, banks can only donate a certain percentage of their profits.
MSCB donated ₹10 Crores to the Chief Minister's Relief Fund.
The donation was announced at the 114th Annual General Meeting.
MSCB disbursed ₹16,898 Crores in loans to farmers in FY25.
MSCB provides 47% of its loans to farmers.
MSCB is urging other cooperatives to donate to the relief fund.
- Who
- Maharashtra State Cooperative Bank (MSCB), Devendra Fadnavis
- What
- MSCB donated ₹10 Crores to the Chief Minister's Relief Fund.
- When
- Announced at recent Annual General Meeting.
- Where
- Maharashtra
- Why
- To support farmers affected by heavy rains
- Donation Amount
- ₹10 Crores
- Recipient
- Chief Minister's Relief Fund
- Donor
- Maharashtra State Cooperative Bank (MSCB)
- Loan Disbursement (FY25)
- ₹16,898 Crores to farmers
- Loans to Farmers (MSCB)
- 47% of total loans
- Funds Utilization Limit
- 2% of profits for relief funds
Sources
Mumbai News LIVE Updates: Restoration efforts underway; IMD forecasts more rain in parts of city
'Mere Visits Won't Suffice': Nashik Farmers Demand Urgent Aid As Rains Destroy 2.5 Lakh Hectares Of Crops
Maharashtra CM Eknath Shinde Slams Opposition Over Farmer Neglect, Assures Aid And ST Fare Relief
Opp cites Fadnavis old letter: Had demanded declaration of wet drought when he was LoP
Mahayuti govt functioning in ‘heartless’ way, says Uddhav, seeks prompt aid for flood-hit farmers
Uddhav Thackeray Slams Fadnavis Over ‘Wet Drought’ U-Turn