What are co-operative banks?

3 years ago
Banking

Co-operative banks in India are established under the provisions of the Co-operative Societies Act, 1912. These are organised on co-operative basis. Co-operative banks are organised both at primary and district level. A co-operative credit society at the primary level can be formed by the local people having common interest and common purposes.

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Susmita Sah
Jan 16, 2022
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