The Tamil Nadu Government, on March 6, issued an order for creation of a central co-operative bank for Namakkal district for the benefit of farmers and industrialists.
At present, the central co-operative bank functioning in Salem district has 45 branches in Salam and 39 branches in Namakkal and it was the desire of the people of Namakkal that they should have a separate co-operative bank as the district is a hub for poultry industry, lorry body building and castor oil production, said an official press release.
