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2015-12-18T20:35:53+05:30

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Cooperative banks throughout the world take and lend money to their members. In India, cooperative banks are playing important role and especially in rural and semi-urban areas.

These banks are regulated by RBI (Reserve Bank of India) and are registered under cooperative societies act. In rural areas these provide loan to farmers for purchasing the machinery and agricultural products or even self-employed people for business related activities.
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