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Home Cooperative Queries

Query of Manoj Kurhade

Mr. I C Naik by Mr. I C Naik
March 29, 2017
in Cooperative Queries
0
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We would like to start a cooperative Bank in Alandi Devachi, Tal- khed, Dist- Pune -412105 Maharashtra. We have 15 members who can contribute Rs. 200000 each For Formation of Co- operative Bank. Please Guide Us What is Minimum Capital Requirement For Co- op Bank.

Any other Options Available For Above 30Lakhs Rs. Capital to Start Banking Type of Organisation. Please guide us and let us know the procedures for it.

I C Naik

Please explain to me your idea behind starting a Cooperative Bank in 100 (Min.) Max 200 words . This paper will be required by the Registrar of Cooperatives also to give you name of the cooperative bank i.e. first a Cooperative Society and after getting Banking Licence from RBI it can be called Bank and can start banking activities.

Tags: bankingcooperativemaharashtraRegistrar
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