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Definition
Introduction
Features
Function with the rule of one member one vote &no profit no loss.
Getting financial &other help from RBI , NABARD and Central & state
government.
They are lender of first resort which provide financial resources in the
form of initial capital through state government .
They play important role in providing services in rural &urban areas for
providing services at lower cost without exploitation.
It is a main source for institutional credit to agriculture sector and they have
extensive network &reach out to people in rural areas
They form the apex of the cooperative credit structure in each state.
They obtain their funds mainly from general public in the form of deposit,
loans &advances from RBI and their own share capital and reserves.
Editing by
HEMANT KUMAR