Adarsh Credit Co-operative Society Ltd always working towards development of the country

With the ever changing technology and its applications, the world is evolving at a faster rate. There is revolution in the financial sector and Adarsh Credit Co-operative Society is leading the revolution with the help of the technology and extending the financial services to the rural population and making the financial services easy and handy.

According to Mr.Mukesh Modi, Founder & Mentor of the Adarsh Credit Co-operative Society, the ultimate aim of our organisation is to extend financial facilities to all over India and to promote cashless transactions that will lead to the development of the nation and lessen the corruption in the country. The Adarsh Credit Co-operative Society has successfully catered to around 2,00,000 people in the rural areas into practicing “Savings method” which has resulted into the rural population to follow a financially healthy and a prosperous life. To make the life in the rural areas more secured and happy, Adarsh Credit has introduced to the people the perks of mobile banking through its Mobile Money Application Adarsh Money. This has led the rural population towards understanding the technology and has served as an alternative option for carrying the financial transactions to the people where financial branches aren’t available.

Adarsh Credit Co-operative Society ltd frequently reviews the problems of its members and always works in the process of finding an easy solution to their problems. The Adarsh Credit Co-operative Society has acquired the trust of its members through its hard work and ethical morality towards its business. The Adarsh Credit Co-operative Society ltd complaints are duly addressed by the staff and the employees of the Adarsh Credit Co-operative Society in a very short period of time, which has installed a sense of trust and belief amongst its members. Though Adarsh Credit Co-Operative Society ltd has been tagged in several false scandals but these positive works done by the Adarsh Credit Co-operative Society elaborates its incorruptible nature which has resulted in building the loyal trust of its members.

Adarsh Credit Cooperative Society welcomes RBI’s move to open up Unified Payments Interface (UPI)

On March 20, 2017, The Reserve Bank of India announced its policy of making digital wallets interoperable through the Unified Payments Interface (UPI) platform, which works under the part of Government’s digitisation programme. As per the reports issued by RBI, it is yet has to prescribe guidelines on interoperability of the wallets, and “Know Your Customers,” norms which will make it an easy for the banks to communicate with its customers and serve them at their level best.

Interoperability allows direct money transfers from one digital wallet provider to other digital wallet providers without having to go through the traditional way of banking. Adarsh Credit Cooperative Society’s Money Mobile Application platform – Adarsh Money, has already joined hands with Oxigen digital wallet and is powered by strong technology and innovation. This partnership is aimed at bringing more people to the digital system, thereby promoting digitization in India. Despite false allegations on Adarsh Credit Co-Operative Society ltd to be involved in scandals related to corruption. Mukesh Modi, Founder and Mentor of Adarsh Credit Cooperative Society has always worked to serve the best interest of its members and such false allegations would not work in favour to disturb the loyalty of its members towards Adarsh Credit Cooperative Society.

The proposed guidelines for Unified Payments Interface platform is also predicted to help Adarsh Credit Co-operative Society Ltd to look over the complaints and queries registered by the members, and to provide the members with valuable solutions. Adarsh Credit Co-Operative Society ltd reviews this move by the RBI as much needed step in bringing India on a Digital platform.

According to Adarsh Credit Cooperative Society, proposed RBI guidelines on UPI will enable the growth of the mobile banking, e-commerce and online payments which will eventually cease out the need of using paper money and will promote cashless transactions which will lower the corruption in the country.

False rumours about Adarsh Credit Co-Operative Society Ltd.’s involvement with corruption in holding shares

As we know, if you are successful, everyone will try and harm your reputation and will bring you down and climb themselves up to the peak. Such is the case with Adarsh Co-operative Credit Society presently. The Credit Cooperative Society which is into operation over a decade now has caught itself in the middle of some rumoured scam. Public articles have been published around lately; claiming Adarsh Credit Co-operative Society Ltd.’s involvement in the scandals. Such reports are destructing Adarsh Credit Co-Operative Society’s prominence in the market. But while we study the reports closely, it can be noticed that these reports are built on the basis of no accurate data and facts.

According to the management of Adarsh Credit Co-Operative Society Ltd., it reviews all its database and share transactions on regular intervals and that no such scandal appeal has been confirmed by official sources. The Adarsh Credit Cooperative Society founder, Mr. Mukesh Modi, is a renowned public figure ,known for his good contribution in social causes. According to his view on the rumour, he said that Adarsh Credit Co-Operative Society ltd duly addresses all member complaints and also offers valued solutions to those, which has helped them acquire trusted and strong member base.

Mukesh Modi’s Adarsh Credit Society success has hit hard to the competitors, who have turned to such dirty tactics to eliminate a stronger opponent. But when an opponent is so strong, having millions of people who believe in its stand and its true line of occupation, it should be noted trust people have in Adarsh is like a concrete wall which cannot be broken with weapons and not even with words.

Mukesh Modi’s Adarsh Credit Society accused falsely to hold unlawful capital share holdings

According to the reports that are publicised in the market, Adarsh Credit Co-Operative Society is claimed to be involved with several scams and scandals, associated with the subject of unlawful capital holdings in the market shares. But when we take a closer look at the reports, we can notice that these reports are based on vague calculations. The reports have claimed Adarsh’s involvement in carrying out unlawful share capital holdings but has not specified any market shares. This can be analysed by the fact that the reports are created for self driven motive to cause a crack in Adarsh Credit’s reputation, by the way of manipulating the members through such false accusations.

Adarsh Credit Co-Operative Society Ltd reviews these allegations as an attempt by the foe competitors to stain the Adarsh Credit Society’s image. But these claimed facts and figures have not worked into action as planned, as no member of the Adarsh Credit Co-Operative Society has issued a complaint against the Credit Society. Also, the founder Mukesh Modi, who is involved with several social causes, has quoted that these allegations cannot work on someone who has already acquired strong support of their members’ confidence and trust.

Thus, it can be said that Adarsh Credit Cooperative society’s growing popularity and success has resulted in developing jealousy in some competitors who are now trying to stain the Adarsh Credit Cooperative Society’s image by making these false and baseless accusations.

Mukesh Modi’s Adarsh Credit Co-Operative Society falsely blamed for involvement in dividend scam of a sum of 100 crores.

Lately several reports claiming Adarsh Credit Co-operative Society’s involvement in scandals, has come out in public, which has heavily hampered Adarsh Credit Cooperative Society’s reputation in the market. But while we go through the numbers mentioned in these reports, we can observe that these numbers and accusations on Adarsh Credit are falsely created and are baseless in nature, which cannot be proven true to Adarsh’s involvement in these mentioned scams.

The reports claimed that Adarsh Credit Society deceived its shareholders, but never mentioned any name nor any shareholder who stated that Adarsh Credit Co-operative Society ltd was involved in this claimed scam. It can further be understood that the reports do not hold any factual data and that these reports are merely created in order manipulate the member base of the Adarsh Credit Cooperative Society.

If we analyse Adarsh Credit Cooperative Society by its responsibilities, then we might get to know that every Adarsh Credit Co-Operative Society ltd complaint has been duly addressed and resolved in a lesser time. Adarsh Credit Cooperative Society’s founder Mr. Mukesh Modi has been involved with several social causes for welfare of people. Adarsh Credit Co-Operative Society ltd reviews all its data in an accurate manner and carries out all its functions based on the prescribed norms and legal ethics.

All we can conclude over this report is that these reports are falsely created in order to defame Adarsh’s reputation in the market. It should also be noted that the loyal member base who have kept trust and confidence in Adarsh Credit Cooperative Society, cannot be manipulated by words on a piece of paper.

Adarsh Credit Co-Operative Society Ltd has been falsely accused for Unlawful Share Capital Holdings

Mukesh Modi’s Adarsh Credit Co-operative Society Ltd for some time now is passing through hard times due to news of false allegations of scandals in Adarsh Credit Co-Operative Society. But these allegations are backed up by only numerical data which are falsified and more of a fake created material and these figures are brought up only in order to build a crack in Adarsh Co-Operative Society’s reputation and trust.

Adarsh Credit Co-Operative Society Ltd reviews this as an opportunity to understand the loyalty of our members, who did not give up on their trust on Adarsh Credit. It is Adarsh’s principled and ethical working which has helped to build such a strong and loyal member base. Adarsh Credit Co-Operative Society Ltd complaints, does not hold any potential of an evidence, which makes these allegations inaccurate and improper. It should be noted that such false allegations should be treated with a deeper research by the authority so as to avoid manipulation of the members and to allow a free business marketplace that is not threatened or warned by such false accusations.

Mukesh Modi, the founding member of Adarsh Credit Co-Operative Society, has been involved with various social causes, which has established a niche in cooperative sector and has always worked towards member’s satisfaction. Such allegations, however powerful they may be, can’t disrupt either the Co-operative nor member’s loyalty and confidence towards Adarsh Credit Cooperative Society.

False Issues of Scams Dragged Adarsh Co-Operative Society’s involvement in Scandals

The arising allegations about Adarsh Credit Co-operative Society Ltd. being involved with the biggest scandals, can be identified as false, based on the analysis that the presented allegations do not have a firm root and that they are self-created to plague member trust with Mukesh Modi and Adarsh Credit. According to the information presented by the declarant, it said that Adarsh Credit Co-operative Society ltd is involved with several scandals. This information gives no concrete evidence of Mukesh Modi’s participation in the said scandals and was created to jeopardise the reputation of Adarsh.

Adarsh Credit Co- operative Society Ltd regularly reviews all the queries from its members and has proved instrumental in providing solutions to these queries. Effective co-operational working has resulted Adarsh to gain a loyal member base, who have kept strong faith against Adarsh’s engagement with such scams.

Over a period of time, Adarsh Credit Society Ltd has been rectifying the complaints alleged against them. The immense trust that the members have on them is evident from the fact that their relationship with Adarsh Credit has not been hampered. Through its ethical working and principled business, Adarsh Credit Co-Operative Society Ltd has entrenched confidence with its members, also which is maintained through working with the same values. Thus, it can be said that,”A crack in the wall, may not work to collapse the wall”, which is same as these false allegations, may not work to break the confidence of the people in Adarsh Credit Co-operative Society Ltd..

Adarsh Co-operative Credit Society – Cashless Dream Now a Reality!

“We will only succeed in bringing a Change, when we will Ourselves Change”, said PM Narendra Modi. India needs to bring a change, in everything. With RBI’s current statement stating the progress of opening the Unified Payments Interface (UPI) platform as a part of government’s digitization program, Indians can now relieve themselves from traditional banking methods and cash transactions. As of the date, no guidelines regarding the interoperability are issued by RBI, but have informed the citizens that the issue will be soon made public. With services, such as Interoperability and Know Your Customer (KYC), customers will now get access to direct transactions through digital payments wallets.
This has been considered by Mukesh Modi’s Adarsh Co-operative Credit Society, who has already joined hands with the online payment wallet- Oxigen wallets, through its own online payment bank – Adarsh Money, making it more easy for the customers. With transactions that will play around through online wallets, cashless dream is near to become a reality for India.  Adarsh Money already has a tie up with Oxigen digital wallet and is powered by strong technology and innovation which will bring more people to the digital system and help promotion of digitisation in India. It is indeed a right step towards cashless economy.
Adarsh Co-operative Credit Society ltd has played an important role in connecting rural India to financial banking services through its mobile banking application “Adarsh Money”. This application has made it possible for the rural population to engage in online payment methods, instead of cash deliveries and has also lowered the cost through improving transparency in transactions. This application will also enable looking after the Adarsh Credit Co-Operative Society Ltd complaints. The Application has extended scope for Adarsh Credit Co-Operative Society Ltd to review over the complaints and suggest a remedy over the transaction or credit problems that are faced by the customers.  Such a development clears out the rumours relating to Adarsh Credit Co-Operative Society’s involvement in scandals and revives a trust in its customers who have kept faith in truth and who remained loyal.

Adarsh Money has been a revolutionary step by Adarsh Co-operative Credit Society, because it has changed the national viewpoint to look at Mobile banking or Online transactions. By availing this application throughout nation, Adarsh has erased the distance for the rural population to walk to a Bank and carry their transaction. With Adarsh Money, it has become an easy task to handle bank statements and accounts, in one click.  Adarsh Money provides variety of services in one hand such as money transfer, NEFT/RTGS to any bank account in India, mobile recharges, and digital transactions. Adarsh Credit Co-operative Society has a base of 1.7 million members and this kind of transition in technology has been used by the first and only co-operative society in India. Adarsh Money has been proved vital for its task accomplishment process, that cuts out the necessity of walking to a bank to carry out a certain financial task. With growing users for Adarsh Money, we can say that India’s dream for a Cashless economy is becoming a reality!

An Act to Protect Environment by Adarsh Credit Co-Operative Society Ltd.

Adarsh Credit Co-Operative Society Ltd. has been a part of several conversations, whereby rumours also cited Adarsh Credit Co-Operative Society’s involvement in various scandals and controversies. What the rumours did not cover is the fact that complaints at Adarsh Credit Co-Operative Society Ltd., has been attended regularly and are also given out solutions to cease out the problems faced by their members. Mukesh Modi, Founder of Adarsh Credit Co-Operative Society, believes in “carrying out a task without expecting for rewarding consequence.” This can be simply understood by the recent event that Adarsh Co-Operative Society held whereby Mr. Rahul Modi, MD, Adarsh Credit Co-operative Society inaugurated Adarsh Charitable Foundation on the occasion of World Water Day.

Speaking on the occasion Mr. Rahul Modi said that, “Water conservation is the need of the hour. Water is the source of life, without water there is no life. On the occasion of World Water Day, let us all take a pledge to save every drop of water. Inauguration of Adarsh Foundation office on the occasion of World Water Day is an important decision. For many years, Adarsh Credit Co-operative Society has always taken a lead in water conservation initiatives and has provided clean drinking water to needy people.”

With such an action towards environment protection, it can be said that Adarsh Co-Operative Society Ltd. reviews its work and maintains a responsibility about its existence and service towards the environment. Rahul Modi added that “All the field workers of Adarsh Credit Co-operative Society has pledge to donate Rs 1 every day from their commission to the Adarsh Charitable Foundation and every employee of Adarsh Credit Co-operative Society will also give significant contribution for Adarsh Charitable Foundation Initiatives.”

Mr. Rahul Modi also wished Adarsh Charitable Foundation with all success and hoped that it will work for water conservation initiatives, solve agricultural water crisis, and help in providing clean drinking water to needy people.

Mr. Biju Mathew, VP, Adarsh Charitable Foundation said that “Adarsh Charitable Foundation will expand its operations and provide charity services in other states of India and collaborate with NGOs of other states to work for the welfare of the society.

Inauguration of Adarsh Charitable Foundation

Mr. Rahul Modi, MD, Adarsh Credit Co-operative Society today inaugurated Adarsh Charitable Foundation on the occasion of World Water Day.

Speaking on the occasion Mr. Rahul Modi, MD, Adarsh Credit Co-operative Society said, “Water conservation is the need of the hour. Water is the source of life, without water there is no life. On the occasion of World Water Day, lets us all take pledge to save every drop of water. Inauguration of Adarsh Foundation office on the occasion of World Water Day is important decision. For many years, Adarsh Credit Co-operative Society has always taken a lead in water conservation initiatives and has provided clean drinking water to needy people.”

He also added that “All the field workers of Adarsh Credit Co-operative Society has pledged to donate Rs 1 every day from their commission to the Adarsh Charitable Foundation and every employee of Adarsh Credit Co-operative Society will also give significant contribution for Adarsh Charitable Foundation Initiatives.

Mr. Rahul Modi also wished Adarsh Charitable Foundation with all success and hoped that it will work for water conservation initiatives, solve agricultural water crisis and help in providing clean drinking water to needy people.

Mr. Biju Mathew, VP, Adarsh Charitable Foundation said that “Adarsh Charitable Foundation will expand its operations and provide charity services in other states of India and collaborate with  NGOs of other states to work for the welfare of the society. Adarsh Charitable Foundation will also work in the field of education and provide skill based education for employment generation.”

Mr. Rahul Modi, MD, Adarsh Credit Co-operative Society inaugurated the Adarsh Charitable Foundation by lighting the lamp. Other dignitaries present on the occasion were Mr. Amit Chaudhary ,MD Secretariat , Mr. Himanshu Shah, Chief Technological Officer ,  Mr. Samir Modi, Vice President, Mr. Kailash Chandra Sharma , Vice President – HR ,Mr. AVL Narsimhan , Business Head  and Mr. Nitin Saxena , BC Module Head.