NBFCs are doing functions akin to that of banks, however there are a few differences:
(i) a NBFC cannot accept demand deposits (demand deposits are funds deposited at a depository institution that are payable on demand -- immediately or within a very short period -- like your current or savings accounts.)
(ii)deposit insurance facility of DICGC is not available for NBFC depositors unlike in case of banks. and
(iii) it is not a part of the payment and settlement system and as such cannot issue cheques to its customers;
Scheduled bank" means a bank included in the Second Schedule of the Reserve Bank of India Act, 1934.
co-operative societies are usually having a limited amount of capital(both deposits and share capital),and when it increases beyond a limit the society becomes a co-operative bank. renjith.ok
Abhyudaya Co-operative Bank Ltd. Ahmedabad Mercantile Co-operative Bank Ltd. Amanath Co-operative Bank Ltd. Bangalore. Andhra Pradesh Mahesh Co-operative Urban Bank Ltd. Bassein Catholic Co-operative Bank Ltd. Bharat Co-operative Bank (Mumbai) Ltd. Bharati Sahakari Bank Ltd. Bombay Mercantile Co-operative Bank Ltd. Charminar Co-operative Urban Bank Ltd. Citizen Credit Co-operative Bank Ltd., Dadar. Cosmos Co-operative Urban Bank Ltd. Dombivli Nagari Sahakari Bank Ltd. Goa Urban Co-operative Bank Ltd. Greater Bombay Co-operative Bank Ltd. Ichalkaranji Janata Sahakari Bank Ltd. Indian Mercantile Co-operative Bank Ltd., Lucknow. Jalgaon Janata Sahakari Bank Ltd. Janakalyan Sahakari Bank Ltd., Bombay. Janalaxmi Co-operative Bank Ltd. Janata Sahakari Bank Ltd., Pune. Kalupur Commercial Co-operative Bank Ltd. Kalyan Janata Sahakari Bank Ltd., Kalyan. Kapole Co-operative Bank Ltd., Bombay. Karad Urban Co-operative Bank Ltd. Madhavpura Mercantile Co-operative Bank Ltd. Mahanagar Co-operative Bank Ltd., Mumbai. Mapusa Urban Co-operative Bank of Goa Ltd., Mapusa. Mehsana Urban Co-operative Bank Ltd. Nagar Urban Co-operative Bank Ltd., Ahmednagar Nagpur Nagrik Sahakari Bank Ltd. Nasik Merchant's Co-operative Bank Ltd. New India Co-operative Bank Ltd., Bombay. North Kanara Goud Saraswat Brahmins Co-operative Bank Ltd. Nutan Nagarik Sahakari Bank Ltd., Ahmedabad. Parsik Janata Sahakari Bank Ltd., Thane. Pravara Sahakari Bank Ltd. Punjab & Maharashtra Co-operative Bank Ltd. Rajkot Nagrik Sahakari Bank Ltd. Rupee Co-operative Bank Ltd. Sangli Urban Co-operative Bank Ltd. Saraswat Co-operative Bank Ltd., Bombay. Sardar Bhiladwala Pardi Peoples Co-operative Bank Ltd. Shamrao Vithal Co-operative Bank Ltd. Shikshak Sahakari Bank Ltd., Nagpur. Solapur Janata Sahakari Bank Ltd. Surat Peoples Co-operative Bank Ltd. Thane Bharat Sahakari Bank Ltd. Thane Janata Sahakari Bank Ltd. The Akola Janata Commercial Co-operative Bank Ltd., Akola. The Akola Urban Co-operative Bank Ltd., Akola. The Khamgaon Urban Co-operative Bank Ltd., Khamgaon. Vasavi Co-operative Urban Bank LImited. Zoroastrian Co-operative Bank Ltd., Bombay.
What is the difference between bank loan and bank credit?
Co-operative Society and Co-operative Bank are different in nature. Co-operative Bank example District Co-operative Bank, Primary Agricultural Co-operative Bank, Urban Co-operative Bank with which we can able to financial transaction such as SB Account, Current Account & Terem Deposit Co-opeartive Society is specific in nature such as Co-operative Housing Society etc.
The Co-operative Bank's motto is 'Good with Money'.
The Co-operative Bank was created in 1872.
The population of Co-operative Bank Ltd is 2,011.
Co-operative Bank Ltd's population is 1,361.
Adarsh Co-operative Bank's population is 629.
Adarsh Co-operative Bank was created in 1972.
when did start tamilnadu state co-operative bank