The Meghalaya Co-operative Apex Bank Ltd. has been adjudged among the best-performing state cooperative banks in the country and awarded the third prize by the National Federation of State Cooperative Banks for the financial year 2024-25, officials said on Monday.
The award, which carries a trophy, a shawl and a plaque of appreciation, will be presented at an award function scheduled to be held in Gangtok, Sikkim, they said.
“This recognition by the federation is a reflection of the bank’s sustained performance, financial discipline and commitment to strengthening the cooperative banking system in Meghalaya,” a senior MCAB official told media persons.