We would like to start a cooperative Bank in Alandi Devachi, Tal- khed, Dist- Pune -412105 Maharashtra. We have 15 members who can contribute Rs. 200000 each For Formation of Co- operative Bank. Please Guide Us What is Minimum Capital Requirement For Co- op Bank.
Any other Options Available For Above 30Lakhs Rs. Capital to Start Banking Type of Organisation. Please guide us and let us know the procedures for it.
I C Naik
Please explain to me your idea behind starting a Cooperative Bank in 100 (Min.) Max 200 words . This paper will be required by the Registrar of Cooperatives also to give you name of the cooperative bank i.e. first a Cooperative Society and after getting Banking Licence from RBI it can be called Bank and can start banking activities.