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Cooperative in India

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Anonymous

12y ago
Updated: 8/16/2019

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12y ago

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Related Questions

How many cooperative banks are in India?

3234


When was National Agricultural Cooperative Marketing Federation of India created?

National Agricultural Cooperative Marketing Federation of India was created on 1958-10-02.


Structure of cooperative bank in India?

Today cooperative banks are dangerous as people are not paying back their loans.


Father of cooperative society in India?

Mr. V.V.R


When start cooperative banks act in India?

They didn't?


What is cooperative bank?

Cooperative banks are governed by the provisions of State Cooperative Societies Act and meant essentially for providing cheap credit to their members. it is an important source of rural credit in India.


What are the types of banking in India?

The 3 main category of Banks in India are:Regular - Commercial BanksUrban Cooperative BanksRural or Grameen Banks


Which country having largest number of cooperative institution?

india (amul)


How do you start a cooperative bank in India?

Starting any business in India, including a cooperative bank requires licensing. Licensing is very difficult to get. It requires hiring a lawyer. It is rumored that bribes will be necessary to complete the process.


Where is cooperative farming performed?

This type of farming is successful in parts of peninsular India.


When was the cooperative societies act first passed in India?

1st March, 1912


Is Cooperative bank nationalized or not?

Cooperative banks in India are not nationalized; they are typically owned and operated by their members. While they are regulated by the Reserve Bank of India (RBI) and the respective state governments, they maintain a cooperative structure that differentiates them from nationalized banks, which are government-owned. Each cooperative bank operates independently, serving local communities and members rather than being part of a nationalized system.