Jammu, Mar 27: Commissioner Secretary, Cooperative, Yasha Mudgal, chaired a high-level meeting at the Civil Secretariat to review the performance and financial health of Cooperative Credit Institutions in Jammu & Kashmir for the quarter ending December 31, 2025.

The meeting included senior officials from NABARD, RBI, J&K State Cooperative Bank, and Managing Directors of Anantnag, Baramulla, and Jammu Central Cooperative Banks. Vikas Mittal of NABARD presented the financial performance and progress on turnaround plans for the institutions.
Mudgal emphasized the critical role of rural cooperative banks in ensuring last-mile credit delivery and highlighted strategic initiatives such as e-PACS, M-PACS, Core Banking Solutions (CBS), and the “Cooperative Among Cooperatives” framework to modernize the sector.
She directed timely implementation of turnaround plans, adherence to regulatory norms, technology-driven reforms, and the computerization of Primary Agricultural Credit Societies (PACS). The Commissioner Secretary also stressed the importance of monitoring through State and District Level committees, strengthening governance, enhancing operational efficiency, and addressing cyber security and HR reforms to ensure sustainable growth of cooperative banks.