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Home Cooperative Queries

Opening a branch of Central Co-op Bank

Mr. I C Naik by Mr. I C Naik
April 11, 2015
in Cooperative Queries
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Balakrishnan. P

I am from Kerala. I would like to know the procedures to open a branch of Central Cooperative Bank. How many Board members it requires, the minimum and maximum? Membership from how many states at least?

I C Naik

Central Cooperative Bank can only permit opening its Branch and that too not without prior approval of the RBI. So write to or contact Central Coop Bank with your proposal along with how much funds you can provide the Branch to start in place of your choice.

Tags: bye lawscentral cooperative bankkeralarbi
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