( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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DEVELOPMENT OF URBAN CO OPERATIVE BANKS IN KARNATAKA

    1 Author(s):  K. SHIVAPPA

Vol -  9, Issue- 6 ,         Page(s) : 79 - 82  (2018 ) DOI : https://doi.org/10.32804/IRJSMH

Abstract

Indian culture today reflects a disparity that possibly summed as an envelope of haziness heightening around the light. Looking to the urban regions, we see the conjunction of enormous thriving and across the board destitution. The Urban Cooperative Banks obliging the necessities of the general population of the more fragile segments in the urban zones are a ground-breaking methods for monetary strengthening and money related consideration. Urban Cooperative Banking depends on the twin model of Banking and Cooperation. Despite monstrous heterogeneity in resources, task region, nature of activity; UCBs can possibly handle externalities that hinder smooth credit stream at a neighborhood level.

1. Ramkumar K., “Urban Cooperative Banks”, Banking Finance, Vol. XVI, No.2, February, 2003
2. Palanetrappa M.C. “ Origin & Growth of Urban Co-operative Banks in India & Karnataka”, Directory of Urban Co-operative Banks in Karnataka, Issue VI, 2004.
3. RBI, Report of the Nineth Standing Advisory Committee, Meeting p.13. (Unpublished)
4. A.G. Anegundi, The Banking Regulation Act 1949 as applicable to co-operative banks, p. 17, 1977.

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