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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.
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What are the benefits of opening a Pure Point Savings account?
Opening a Pure Point Savings account offers benefits such as competitive interest rates, no monthly fees, and easy online access to manage your savings.
What is the difference between opening balance equity and retained earnings in a company's financial statements?
The opening balance equity represents the initial investment or capital contributed by the owners when the company was first established. Retained earnings, on the other hand, are the accumulated profits or losses that the company has retained over time. In summary, opening balance equity is the starting point of a company's financial position, while retained earnings reflect the company's ongoing financial performance.
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 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 a Gateway or opening in fortified place called?
A gateway or opening in a fortified place is commonly referred to as a "gatehouse" or "gate." It serves as the main entry and exit point for the fortified structure, and is usually designed with defensive features such as a portcullis or drawbridge to protect against intruders.
What is The entry point in the US federal court system?
The entry point in the US federal court system are District Courts.
What is an entrance to a cavity or space?
An opening that allows access to a cavity or space is known as an entrance. It provides a point of entry for substances, objects, or organisms to enter the enclosed area.
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.
At what point on the frontier can you check bags?
You can check bags at the point of entry on the frontier.
