Social Sciences, asked by rosaline6308, 1 year ago

Need for increasing the facilities of banking , cooperative?

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Answered by Cheemaking
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Co-operative movement, at its heart, was aimed at making society egalitarian. Now, what welcomes you in one of the nation’s biggest co-operative banks, SVC Bank, when you walk in is a sign board ‘privilege banking’.

In the much-maligned world of cooperative banking, which has become a hot-bed of local politics, things are being turned on their heads. Some of the transformation happening with an eye on future could leave one amazed — and at the same time be a cause for worry that the change is coming at the cost of the movement’s founding principles.

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