0
No entry point norms are seen prescribed by RBI for Co-operative banks so far. Malegam committee has recommended some norms such as CRAR, NPA, Deposits etc. but these are under consideration.But according to sec. 5 (ccv) and Sec.22 r/w sec.56 of BR Act a primary credit society becomes a Co-operative bank when its paid up share capital and reserves is not less than 1 lakh. So we can consider this as the only entry norm. State co-operative banks and central co-operative banks are "Co-operative Banks" by itself and there are no entry norms for these entities.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are the benefits of buying a foreclosed property?
Generally foreclosed properties are cheaper to purchase because the bank is trying to offload them immediately to recoup their lost funds. They are a common entry point for people looking to join the real estate market.
What are the contribution of cooperative society to Nigeria?
My dad is actually from Nigeria. A Cooperative Society is a voluntary association of individuals, united by common bond, who have come together to pursue their economic goals for their own benefits. Cooperative Societies are governed by the Nigerian Cooperative Societies Act which provide for the registration of Cooperative Societies.
What are the basic requirements of opening a saving account in a commercial bank?
You need the following to open a bank account:An Identity Proof - Passport or Driving LicenseAddress Proof - Passport or Driving License or Phone BillPhotograph - For the bank recordsProof of Employment - For the bank records to know more about youAn Introducer - This is usually a requirement for the bank to postpone all the due diligence they would do on you to a later point of time. An introducer should be someone who has an existing relationship with the bank.Initial Deposit Money - When you open an account, the bank expects you to deposit a minimum amount (Depending on the type of account you are opening)
What does forex currency trading involve?
As recently as ten years ago, currency trading had high barriers to entry, so only large banking and institutional firms had access to the tools and systems required to play in the forex trading game. Recently, however, technology has developed to the point that any individual investor can hop right in and trade with one of the many online platforms.
What is the break even point?
The point where Total Sales = Total Cost
What is the definition of a opening or hold?
Opening-equals access point, entry. Hold is grasp or storage area on a ship
Were is the ventral part of a molly fish?
The ventral part of all fish is the opening at the rear of its belly. It is the fishes anus but in female livebearers it is also the entry point for the fertilisation of its ova and the exit point for the young.
What is abstract point?
Point of entry to a manuscript
What is The entry point in the US federal court system?
The entry point in the US federal court system are District Courts.
Can a C program be written without main METHOD?
Every program requires an entry point. Main() provides the entry point in C.
What is the entry point of a website?
It is normally the homepage.
What is the entry point to a website known as?
The portal.
What are the release dates for Bite Me - 2010 Point of Entry 2-3?
Bite Me - 2010 Point of Entry 2-3 was released on: USA: 2012
How do you measure for a circular barbell nipple piercing?
From entry point to exit point.
How do you unclog drain?
You find an entry point and put an auger or drain snake into it. The entry point can be where a toilet sits on the floor (remove the toilet) or any "Y" point in a pipe that has a plug screwed into it.
Why is a main function used by Grady Booch in C plus plus?
All C++ programs require an entry point and the main function provides that entry point.
Are JLS opening Nandos in Mahon Point?
no
