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Cooperative banks differ from schedule banks mainly in following ways-
1.they don't enjoy the benefits provided by the RBI to scheduled banks.
2.they are not a member of clearing house.
3.they may or may not have deposits more than rs 5 lacs however deposits of more than rs 5 lacs is a must for any schedule bank.
it is not so.....
co.op.banks generally regd.as co.op.societies in state..only entry points norms give it act as bank..which is provide by RBI.
members subscription is a capital of this bank
they are running with dual control
only some section of BANKING REGULATION ACT1949 IS APPLICABLE ON IT.
THEY MAY OR MAY NOT BE SCHEDULED BANK
THEY ARE GIVING DIVIDEND MORE THAN 15%
THE SHARE OF THIS BANK IS NOT TRADED IN THE Stock Market
THEY ARE NOT ELIGIBLE FOR SHARE ISSUE FOR CAPITAL
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Is Grameen Bank a Cooperative?
Is Grameen Bank a cooperative? Why or Why not?
Which bank is 08 92 50?
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How many scheduled banks in India?
whether RRBs are schedule bank
Aims and objectives of cooperative banks?
the main aim of cooperative bank is to promote financial cooperation among low income group.
Whether ICICI Bank Schedule Bank?
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Yes, it is.
Is Grameen Bank a Cooperative?
Is Grameen Bank a cooperative? Why or Why not?
What is Mechanics Cooperative Bank's motto?
Mechanics Cooperative Bank's motto is 'Your Life. Your Neighborhood. Your Bank.'.
What is Cooperative Bank of Kenya's population?
Cooperative Bank of Kenya's population is 2,009.
When was Cooperative Bank of Kenya created?
Cooperative Bank of Kenya was created in 1965.
When was Central Cooperative Bank created?
Central Cooperative Bank was created in 1991.
When was Cooperative Bank of Tarlac created?
Cooperative Bank of Tarlac was created in 1977.
When was Mechanics Cooperative Bank created?
Mechanics Cooperative Bank was created in 1877.
When was Taiwan Cooperative Bank created?
Taiwan Cooperative Bank was created in 1944.
What is Taiwan Cooperative Bank's population?
Taiwan Cooperative Bank's population is 2,007.
What is the population of Cooperative Bank of Kenya?
The population of Cooperative Bank of Kenya is 2,450.
Shikshak sahakari bank ltd schedule bank or not?
YesShikshak Sahakari Bank Ltd, Nagpur is a scheduled cooperative bank. Individual Deposits upto Rs.1,00,000/- (Rupees One Lakh Only) would be insured in such type of banks.
