What are the functions of Cooperative Banks in India?

[neetubm]

The cooperative banks in India plays an important role even today in rural financing. The businesses of cooperative bank in the urban areas also has increased phenomenally in recent years due to the sharp increase in the number of primary co-operative banks.

Co operative Banks in India are registered under the Co-operative Societies Act. The cooperative bank is also regulated by the RBI. They are governed by the Banking Regulations Act 1949 and Banking Laws (Co-operative Societies) Act, 1965.

Cooperative banks in India finance rural areas under:
Farming
Cattle
Milk
Hatchery
Personal finance

Cooperative banks in India finance urban areas under:
Self-employment
Industries
Small scale units
Home finance
Consumer finance
Personal finance

[GURMEETMECH]

Then why the regional rural banks are not under cooperative organizations.




[quote='neetubm' pid='8513' dateline='1262020280']
The cooperative banks in India plays an important role even today in rural financing. The businesses of cooperative bank in the urban areas also has increased phenomenally in recent years due to the sharp increase in the number of primary co-operative banks.

Co operative Banks in India are registered under the Co-operative Societies Act. The cooperative bank is also regulated by the RBI. They are governed by the Banking Regulations Act 1949 and Banking Laws (Co-operative Societies) Act, 1965.

Cooperative banks in India finance rural areas under:
Farming
Cattle
Milk
Hatchery
Personal finance

Cooperative banks in India finance urban areas under:
Self-employment
Industries
Small scale units
Home finance
Consumer finance
Personal finance
[/quote]

[0786Harikesh]

Who is the education minister of india.

[jugnu123]

Cooperative Banks Send balance sheet to

[jugnu123]

Cooperative Banks send balnce sheet to

who control Cooperative Banks