Cooperative banking

Type of retail or commercial bank organized cooperatively

Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world.

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Ulhanathan Arunchalam Maruthuvar, a key player in the Rs 122 crore New India Coop Bank scam, was arrested by Mumbai's Economic Offences Wing. This marks the..
Credit: IndiaTimes - Published 2 days ago

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