I live in Delhi and there is more than 200 people with me, each can join with initial amount of Rs. 5000/-, I want to open a Co-operative bank in my city. Please guide me.
I C Naik
Please prepare your plan for net 5 years in writing and meet the registrar of Cooperative Societies and satisfy him that your plan is workable/feasibility. If he UBS (which are subject to heavy censors by RBI of late) better create a Cooperative Credit Society for mutual benefit of members.