what are the function of cooperative bank
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Answer:
it gave loan to small farmers or any other people at low interest.
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Explanation:
- The main function of the central cooperative banks is to provide loans to the primary cooperative societies. However, some loans are also given to individuals and others. Capital: The central cooperative banks raise their working capital from own funds, deposits, borrowings and other sources.
Explain
- Co-operative banks are financial entities established on a co-operative basis and belonging to their members. This means that the customers of a co-operative bank are also its owners. These banks provide a wide range of regular banking and financial services.
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