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Watch this Before Investing your Money in Co-Operative Banks!!!

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The co-operative banks are government-backed financial institutions set up mainly with the intention of providing access to credit in rural areas. These banks work on the principle of co-operation, self-help, and mutual help. Co-operative banks offer basic banking services in rural, urban, and semi-urban areas. These banks are registered under the Co-operative Societies Act 1912 and are regulated by RBI under the Banking Regulations Act 1949, and Banking Laws (Co-operative Societies) Act, 1965. In this video, Mr. C S Sudheer has explained about the safety of investments in Co-Operative Banks. Also, he has clearly mentioned various ratios that determine the health of Co-Operative Banks. Watch the video to know more. 

 

 

 
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