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Functions of cooperative bank

Discuss Functions of cooperative bank within the Management Of Co-operatives ( MOC ) forums, part of the Resolve Your Query - Get Help and discuss Projects category; Functions of cooperative bank : The major functions of a cooperative bank are : Mobilization of funds from their members ...

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Anjali Khurana
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Smile Functions of cooperative bank - September 28th, 2013

Functions of cooperative bank :

The major functions of a cooperative bank are :
  • Mobilization of funds from their members
  • Advance loans to the members

When you look at cooperative banks in India, you realize that they play a very important role even today in rural financing.

A sharp increase in primary co-operative banks has led to rapid development of businesses of cooperative bank in the urban areas in recent years.

Cooperative Banks fall under the Co-operative Societies Act which is also regulated by the RBI. They are governed by the Banking Regulations Act 1949 and Banking Laws (Co-operative Societies) Act, 1965.

Majorly the cooperative banks in rural india facilitate financing for farming, cattle, milk, hatchery, personal finance, etc.

In urban areas the cooperative banks in India facilitate finance for
Self-employment, Industries Small scale units, Home finance Consumer finance, Personal finance, etc

You can read more about ROLE OF COOPERATIVE BANKS at : ROLE OF COOPERATIVE BANKS
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Krunal Dhabhi
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Re: Functions of cooperative bank - August 26th, 2014

that's really a nice information..
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Re: Functions of cooperative bank - May 21st, 2015

This post is effective and but would you please shed some light on what are the main purpose of corporate banking and what are the difference between commercial banking.
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Bhautik Kawa
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Re: Functions of cooperative bank - February 25th, 2016

Quote:
Originally Posted by joel.francis.735 View Post
Functions of cooperative bank :

The major functions of a cooperative bank are :
  • Mobilization of funds from their members
  • Advance loans to the members

When you look at cooperative banks in India, you realize that they play a very important role even today in rural financing.

A sharp increase in primary co-operative banks has led to rapid development of businesses of cooperative bank in the urban areas in recent years.

Cooperative Banks fall under the Co-operative Societies Act which is also regulated by the RBI. They are governed by the Banking Regulations Act 1949 and Banking Laws (Co-operative Societies) Act, 1965.

Majorly the cooperative banks in rural india facilitate financing for farming, cattle, milk, hatchery, personal finance, etc.

In urban areas the cooperative banks in India facilitate finance for
Self-employment, Industries Small scale units, Home finance Consumer finance, Personal finance, etc

You can read more about ROLE OF COOPERATIVE BANKS at : ROLE OF COOPERATIVE BANKS
Hey Friend,

Well, i found some important information Study on Cooperative Banking in India and wanna share it with you and other's. So please download and check it.
Attached Files
File Type: pdf Study on Cooperative Banking in India.pdf (443.1 KB, 2 views)


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