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RBI norms to float co-operative banks 2012-03-24 11:42:30

The new guidelines will also include a provision under which well-managed cooperative credit societies can turn into co-operative banks, Karuppasamy said. “Well-managed credit societies and financially sound credit societies will be converted into co-operative banks provided they satisfy certain norms...

Keywords: co-operative banking sector, RBI executive director S Karuppasamy, co-operative banking sector, RBI executive director S Karuppasamy

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