Creation of Co Op bankin Society

[PRAJAPATI JAGADISH]

dear sir,

i want to know procedure of creation of co op banking society and is there is any restriction on creation of same in present.

 

thanks 

[DR.MARIAPPAN GOVINDARAJAN]

Detailed procedure is there. It is better to have consultations with the consultants in this field.

AI Summary

Creation of cooperative banking society: procedural requirements exist, prospective founders should seek specialist consultation on restrictions. Creation of a cooperative banking society requires compliance with a defined formation procedure and assessment of any statutory or regulatory restrictions; prospective founders are advised to engage consultants or specialists to navigate procedural requirements and ensure regulatory compliance.