We want to form a credit co-operative society in Rajkot(Gujarat)
What will be the process for formation of credit cooperative society once we get the registration with registrar of co-operative societies, what process do we need to do to obtain license for borrowing and lending ?
Any more details would be of great help… Thanks,
Also what will be total expense for the same.
I C Naik
Credit Society can borrow and land from to members and no license is necessary.