Alert against unauthorized collection of deposits by Multi-State Coop Societies

Hyderabad: Stating that some Multi-State Cooperative Societies have done unauthorized collection of deposits from the general public, the Commissioner for Cooperation & Registrar of Coop Societies, Telangana State, has advised the State government to alert the common people.

Commissioner for Cooperation & Registrar of Coop Societies was speaking at the 9th State Level Co-ordination Committee meeting conducted by Department of Non-Banking Supervisor, Reserve Bank of India, on Friday. He appealed to the common people of Telangana State not to enter into any financial transaction — investing funds in the following Multi-State Cooperative Societies operations in the State of Telangana.

Adarsh Multi-State Cooperative Credit Society Ltd., Adv. V.S, Saloonkes Building, Gurukripa Nagar, Parli Vaijnath Distt. Beed, Maharashtra; Oak India Multi-State Credit Society, 19-B, Sayed Amir Ali Avenue, 1st Floor, Kolkata; Samruddha Jeevan Multi-State Cooperative Credit Society, Landmark Building, 3rd Floor, F.P. 576/2B, Shirole Road, Opposite Fergusson College, Shivaji Nagar, Pune, Maharashtra-411005; Sahara Credit Cooperative Society, Sahara India Bhawan, 1, Kapporthala Complex, Aliganj, Lucknow – 226024, Uttar Pradesh. -NSS

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