SF Prep Notes

Saraswat Cooperative Bank and Amul cross ₹1 lakh crore turnover in 2025–26

Union Cooperation Minister Amit Shah on 7 April 2026 congratulated Saraswat Cooperative Bank and Amul for crossing ₹1 lakh crore in annual turnover in 2025–26.

Summary

Union Home and Cooperation Minister Amit Shah on 7 April 2026 congratulated Saraswat Cooperative Bank and Amul for each crossing ₹1 lakh crore in annual turnover in 2025–26. In a post on X, Shah called it a vivid example of the strength and potential of cooperatives, historic for the cooperative banking and dairy sectors, and a boost to the goal of an Atmanirbhar Bharat.

Key facts

Milestone
₹1 lakh crore annual turnover
Year
2025–26
Cooperatives
Saraswat Cooperative Bank (banking); Amul (dairy)
Announced
7 April 2026, Amit Shah on X

Practice MCQs 2 questions

Q1

Which two cooperatives were congratulated by Amit Shah on 7 April 2026 for crossing ₹1 lakh crore annual turnover in 2025–26?

Show answer

Correct answer: A — Saraswat Cooperative Bank and Amul

The Ministry of Cooperation said Shah congratulated Saraswat Cooperative Bank and Amul.

Q2 Advanced

In which financial year did Saraswat Cooperative Bank and Amul cross ₹1 lakh crore in annual turnover, as per the Ministry of Cooperation?

Show answer

Correct answer: B — 2025–26

Amit Shah's message refers to crossing the ₹1 lakh crore annual turnover mark in 2025–26.

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