Central Registrar of Cooperative Societies (CRCS) appointed NABARD Chief General Manager Subrata Kumar Nanda as Administrator of National Federation of State Cooperative Banks Limited (NAFSCOB) for six months from January 2025. Appointment follows expiry of NAFSCOB Board tenure on December 28, 2025, without fresh elections due to non-submission of amended bye-laws under Multi-State Cooperative Societies Act 2002 amendments. Administrator will exercise all Board powers under Central Government supervision until new Board constitution.

This administrative intervention represents a critical governance crisis in India's cooperative banking apex structure. NAFSCOB, as the national federation of State Cooperative Banks, serves as the policy coordination body for the three-tier cooperative credit system that NABARD oversees. The 2023 amendments to Multi-State Cooperative Societies Act introduced stricter compliance requirements, including mandatory bye-law amendments within prescribed timelines. NAFSCOB's failure to submit these amendments created a legal vacuum - the Board's five-year tenure expired without elections being possible, triggering Section 123(1) provisions for Central Government intervention. This situation directly impacts NABARD Grade A candidates' understanding of cooperative governance structures and regulatory frameworks. The appointment of a NABARD CGM as Administrator demonstrates the integrated nature of cooperative banking supervision, where NABARD's expertise becomes crucial during governance transitions. For exam purposes, this case study illustrates practical application of MSCS Act provisions, cooperative election processes, and the role of Central Registrar in multi-state cooperative societies. The six-month timeline reflects statutory provisions for administrative supervision while ensuring continuity in cooperative banking coordination functions.