Credit Co-operative Society

With a view to enhance the cyber security posture of the Urban Co-operative Banking sector, the Reserve Bank of India[1] issued a detailed communication ti...

In one of the massive developments in the finance sector, the Government of India has decided to bring all co-operative banks under the supervision of RBI....

Overview The Multi State Cooperative Societies Act of 2002 was enacted to consolidate and amend the laws related to cooperative societies. It substituted t...

The Government introduced Banking Regulation (Amendment) Bill, 2020 to bring all the co-operative banks on par with the developments in the banking sector...

A state Co-operative Society is defined as an association of persons who united voluntarily to meet their common economic needs and aspirations as specifie...

Co-operative banks are small-sized entities structured in the co-operative sector which function together in urban & non-urban centers. In India, co-op...

A cooperative society is formed with the main objective to serve the people and develop the economic condition within society. A cooperative society, also...

Co-operative banks are small-sized units which are organized in the co-operative sector of urban and non-urban centers. They have become a vital part of th...

The accounts of the credit cooperative society shall be audited by the auditor appointed by co-operative society. The audit includes annual or periodical a...

Q. 1) What is Multi-State Cooperative Society? Ans.: Any society formed with the object of the social and economic betterment of its members through self-h...

Their main objects shall be serving the interests of members in more than one state and their by-laws shall provide for the social and economic betterment...

Managing a multi-state co-operative society is a complex tax. In this article, we will discuss the rules, regulation, and compliance of multi-state co-oper...