PPCBLPunjab Provincial Cooperative Bank Limited
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The PPCBL had filed the appeal in the Supreme Court saying that the court had relied exclusively on the investigation officer's submission.
The Supreme Court approved NAB's stance on Thursday and asked PPCBL to deposit the amount with the NAB.
At the same time, PPCBL filed a petition in Supreme Court taking the plea that the learned Division Bench had solely believed on the submission of investigation officer.
The CEO said PPCBL has made a record recovery under Crop Kharif 2013 till December 31, 2013, ie Rs 1.
Speaking at the occasion, he highlighted the role of information technology in banks and future plans of PPCBL.
PPCBL has also entered in E-Business as Western Union, Xpress Money & Amanat Cash.
He said that agriculture plays vital role in strengthening our national economy and farmers are the backbone of our agriculture as well as our economy and they should be facilitated by the PPCBL for the increase in the agriculture yield.
Pervaiz Ahmad Khan, Registrar Coop Punjab and Liaquat Durrani, CEO PPCBL briefed the delegation on working of Cooperative movement and bank in Punjab.
Maqsood Qadir Shah, Registrar, Cooperatives, Punjab/Chairman Board of Directors of PPCBL expressed this while addressing the officers of the bank here Thursday.
The step was taken by the bank management to benefit more small farmers of the province, said PPCBL spokesman here Wednesday.