Software launched for the registration of savings and credit cooperatives
Summary
The National Cooperatives Regulatory Authority has launched a software system for automatic online registration of savings and credit cooperatives to improve data management and address money laundering issues.
Key Points
- National Cooperatives Regulatory Authority launched software for online registration of savings and credit cooperatives.
- Program held in Patan to begin automatic online cooperative registration.
- Cooperatives can now become members of the Credit Information Center.
- The system aims to ease inclusion in the Deposit and Credit Protection Fund and fight money laundering.
