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What is Cooperative Credit Institutions in India about?
The cooperative credit structure in India is heterogeneous, varying between rural and urban areas as well as across states. In urban areas, credit is provided by Urban Cooperative Banks (UCBs), which are divided into scheduled and non-scheduled banks. Rural cooperatives operate on a three-tiered structure of primary credit societies, district central cooperative banks, and state cooperative banks. Banking activities of UCBs are regulated jointly by RBI and the Registrar of Cooperative Societies, while rural
- Author
- sikandar
- Language
- EN