Title: APPRAISAL OF CO-OPERATIVE BANKS IN INDIA WITH REFERENCE TO LENDING PRACTICES
Abstract: Co-operative banks are an integral part of the Indian financial system. They comprise urban co-operative banks and rural co-operative credit institutions. Co-operative banks in India are more than 100 years old. The government of India started the cooperative movement of India in 1904. At present there are several cooperative banks which are performing multipurpose functions of financial, administrative, supervisory and development in nature of expansion and development of cooperative credit system. In brief, the cooperative banks have to act as a friend, philosopher and guide to entire cooperative structure. The study is based on some successful co-op banks in India. The bank’s performance along with the lending practices provided to the customers is herewith undertaken the customer has taken more than one type of loan from the banks. Moreover they suggested that the bank should adopt the latest technology of the banking like ATMs, internet / online banking, credit cards etc. so as to bring the bank at par with the private sector banks.
Publication Year: 2015
Publication Date: 2015-12-25
Language: en
Type: article
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