Different tiers of co operative credit structure in india
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Co-operative Credit in India: Meaning, Structure and Evaluation of Performance. (i) The Primary Agricultural Credit Societies: A primary society is an association of borrowers and non-borrowers residing in a particular locality and taking interest in the business affairs of one another. (ii) Central Co-operative Banks: ...
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Explanation:
The Co-operative Credit Institutions in India can be classified as under a three-tier structure- Primary Credit Societies at the bottom; Central Co-operative Bank at the middle; and State Co-operative Bank at the top.
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