W.Sridhar
We are running a coop credit society for the last 40 years in SRIHARIKOTA, AP. Present turnover is more than 100 Crore rupees.
A) We would like to convert it into a Rural cooperative bank. Request you to guide us.
B) We would like to start a consumer cooperative society as a seperate entity.
Request you to guide us.
I C Naik
You need to change the objects of the society by amending the bye-laws of your society which also needs to be registered with the Registrar of Cooperative Societies. For running a Bank you need to obtain Banking Licence from RBI.
