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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 |
Ker and Garia Puja are traditional tribal festivals of which state?
The European Space Agency (ESA) is launching the JUICE mission, which aims to explore Jupiter's moons. What is the primary objective of the JUICE mission?
Who is the first women full time finance minister of India?
Mughal ruler, Aurangzeb died in which year?
The ‘Gross Value Added ’ is calculated on the basis of which term?
Who among the following is the only Indian who has won the Abel Prize for the year 2023?
India hosted the G 20 presidency for 2023, the work of G20 is divided into how many tracks?
With the 2022 amendments to the Indian Constitution, which of the following communities have been granted the Scheduled Tribes status by the Government...
Special Economic Zones (SEZ) in India are established to promote which of the following?
Who among the following has completed his term as the Chair of Governing Body of International Labour Organization in
2021?