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Political Battle Over Kerala Cooperative Banking Sector Intensifies

A significant political conflict is emerging over allegations of corruption within Kerala's extensive cooperative banking sector. The state government, led by Chief Minister Pinarayi Vijayan, has expressed concerns about the central government's recent involvement in the state's cooperative sector. Vijayan has claimed that there is an attempt to undermine the credibility of Kerala's cooperative sector, and these destabilizing efforts began during demonetization.