brifly explain the function of urban cooperative bank?
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Urban Co-operative Banks (UCBs) occupies an important place among the Non-Agricultural Credit Society. They cater to the credit needs of people residing in Urban areas. They advance loans mostly to the small traders, Assistant and monthly income group people. They also advance against gold, silver and produce.
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Explanation:
Urban Co-operative Banks (UCBs) occupies an important place among the Non-Agricultural Credit Society. They cater to the credit needs of people residing in Urban areas. They advance loans mostly to the small traders, Assistant and monthly income group people. They also advance against gold,silver and produce.
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