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Cooperative Banks | Commercial Banks |
Co-operatives banks are co-operative organizations. | Commercial banks are joint-stock banks |
Governed by the Co-operative Societies Act as well as Banking Regulation Act | Governed by the Banking Regulation Act |
Subject to the rules laid down by the Registrar of Co-operative Societies | Subject to the control of the Reserve Bank of India directly |
Borrowers are member shareholders, so they have some influence on the lending policy of the banks, on account of their voting power | Borrowers of commercial banks are only account- holders and have no voting power as such→Voting power as per shareholding |
Have not much scope of flexibility on account of the rigidities of the bye-laws of the Co-operative Societies | Free from such rigidities |
Do not pursue the goal of profit maximization | Works for profit maximization |
Smaller in size | Larger in size with wider reach in the country |
Maharashtra Government has announced a _____ reservation for Divyang employees in promotions & has decided that this reservation will apply for those ca...
Who is set to receive the Satyajit Ray Lifetime Achievement Award at the 54th International Film Festival of India?
Identify which of the following statements is/are TRUE with respect to the data released by IRDAI in its annual report -
I. According to the In...
Evaluate the following statements concerning India's thermal coal imports in the first quarter of 2024 :
I . There was a 23 % year - on - ...
How much did China invest in the world's largest hydropower dam on the Brahmaputra River?
Which Indian poet has been elected as the corresponding member of the Academy of Letters of Brazil?
The Reserve Bank of India (RBI) has revised investment norms for commercial banks, making it more rigid as it created a new category namely – fair val...
What is the focus of the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN) approved by the Union Cabinet?
‘Ganga Mashal’ is an initiative started from which of the following states?
Where was the 2nd Session of India-Nigeria Joint Trade Committee held?