answersLogoWhite

0

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.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

How do you start a 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.


Structure of cooperative bank in India?

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


Is sangli urban cooperative bank ltd sangli is listed as schedule bank of India?

Yes, it is.


When start cooperative banks act in India?

They didn't?


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.


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?

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.


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 Cooperative Bank of Kenya's population?

Cooperative Bank of Kenya's population is 2,009.


What is the population of Cooperative Bank of Kenya?

The population of Cooperative Bank of Kenya is 2,450.