Investment Opportunities For Banks
CHAPTER-1
CO-OPERATIVE BANKS IN INDIA
INTRODUCTION:
The Co operative banks in India started functioning almost 100 years ago. The cooperative banks in India play an important role even today in rural financing. The businesses of cooperative bank in the urban areas also have increased phenomenally in recent years due to the sharp increase in the number of primary co-operative banks. Co-operative Banks in India are registered under the Co-operative Societies Act. The cooperative bank is also regulated by the RBI. They are governed by the Banking Regulations Act 1949 and Banking Laws (Co-operative SocietiesAct, 1965).
Cooperative banks in India finance rural areas under: Farming, Cattle, Milk, Hatchery and Personal finance.
Cooperative banks in India finance urban areas under: Self-employment, Industries, Small scale units, Home finance, Consumer finance and Personal finance.
Some facts about Cooperative banks in India:
• Some cooperative banks in India are more forward......
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Approximate Pages: 65 (250 words per double-spaced page)
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