Credit Co-operative society in India (Business Opportunities - Advertising Service)
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Item ID 2934772 in Category: Business Opportunities - Advertising Service
Credit Co-operative society in India | |
Credit Co-Operative Society An autonomous group of people belonging to the same class willingly come together to strive to be common economic, social and cultural objectives and criteria through a business that is jointly owned and democratically controlled by such citizens. It represents the society's willingness to help each other while maintaining the values of social responsibility and collective aid for the good of participants and income-generating is known as a credit cooperative society to be able to operate effectively over the long term. Advantages of credit co-operative society ➲ Wellbeing is the primary motive of this group ➲ The credit cooperative societies have been influential in fostering economic welfare and a sense of self-sufficiency among the rural community and the less prosperous sections of society. ➲ Like banks and other financial institutions that strive at income development, cooperative societies align the unit's market longevity with the concept of genuinely helping members maintain financial stability. Disadvantages ➲ Lengthy process of incorporation. ➲ Higher compliance requirements have to be fulfilled Types of Co-operative Societies: ➲ Co-operative credit societies Agricultural credit societies Non- Agricultural credit societies ➲ Housing co-operative ➲ Consumer’s co-operative societies ➲ Marketing Co-operative societies ➲ Producer Co-operative ➲ Co-operative Farming societies  | |
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| Target State: Arunachal Pradesh Target City : G 10, Sector 63, Noida, India, 201301 Last Update : 05 July 2024 9:12 AM Number of Views: 96 | Item Owner : Corpzo Contact Email: Contact Phone: 91 9999 139 391 |
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2024-11-24 (0.386 sec)