We are resident of Gobardanga a village at West Bengal; want to open a cooperative bank in our area. On this regard we want to know how to open a cooperative bank? How many people needs to open it? What will be the minimum fund? the rules and regulations etc, etc. Please let me know.
I C Naik
Please prepare your plan for net 5 years in writting and meet the registrar of Cooperative Societies and satisfy him that your plan is workable/feasibility. If he UBS (which are subject to heavy censors by RBI of late) better create a Cooperative Credit Society for mutual benefit of members.