Features of Co-operative Banks: Customer Owned Entities: Co-operative bank members are both customer and owner of the bank. Democratic Member Control: These banks are owned and controlled by the members, who democratically elect a board of directors. Members usually have equal voting rights, according to the cooperative principle of “one person, one vote”. Profit Allocation: A significant part of the yearly profit, benefits or surplus is usually allocated to constitute reserves and a part of this profit can also be distributed to the co-operative members, with legal and statutory limitations. Financial Inclusion: They have played a significant role in the financial inclusion of unbanked rural masses. They provide cheap credit to masses in rural areas.
_________ is the ratio of provisioning to gross non-performing assets and indicates the extent of funds a bank has kept aside to cover loan losses.
________ fosters brotherhood among, employees and forms a key factor in raising employees' stake in the growth of an organisation. This is an extension ...
What is the term for the ethical principle that involves keeping promises and being truthful?
Which of the following is not true about the market value of a bond?
Which type of risk is associated with internal procedures, people, and systems within a company?
Vidhi wants to invest in a bond. She analyses the yield to maturity of various bonds to identify the bond with the highest yield and invests in that. I...
In a period of falling prices, a firm reporting under LIFO compared to reporting under FIFO, will have a higher:
An analyst who is interested in a company’s long-term solvency would most likely examine the:
What are the needs listed in Maslow's pyramid from bottom to top?
Under which method the Cash Flow Statement is prepared by adjusting the profit figure in the income statement?
