MoU with National Federation of State Co-operative Banks Ltd (NAFSCOB)

We are pleased to inform you that The Institute of Cost Accountants of India entered into an Memorandum of Understanding (MoU) with the National Federation of State Cooperative Banks (NAFSCOB) at the Bharat Mandapam at New Delhi on November 28, 2024.

CMA (Dr.) DebaprosannaNandy, Secretary, ICMAI and ShriBhimaSubrahmanyam, Managing Director, NAFSCOB & President, ICBA signed the MoU in presence of CMA Navneet Kumar Jain, Chairman, Cooperative Development Board (CDB), ICMAI; CMA M. K. Anand, Council Member, ICMAI; Shri Mohan Kumar Mishra, Member (CDB), ICMAI; CMA Manish Kandpal, Regional Council Member (North), ICMAI; ShriKonduruRavinderRao, Chairman, NAFSCOB and ShriJagdev Singh, Chairman, Punjab State Cooperative Bank.

The Cooperative Development Board of the Institute had envisioned to formalize this MoU for attaining benefitting collaboration of cost accountants and bankers in the field of research in the field of Cooperative Banking. The MoU is anticipated to bring significant advantages to CMA professionals, enhancing opportunities in both service and practice domains.