Sharing Wisdom and Vivid Memories of Life      yin yang
Distinguish Between Commercial Bank and Co-operative Bank
square 1. Registration ↓  In India, the Commercial Banks are
required to be registered under Banking Regulation Act, 1949.
In India, the Co-operative Banks are required to be registered
under the Co-operative Societies Act, of the concerned state.
distinguish between commercial bank and co-operative bank
square 2. Main Objective ↓  The main objective of a Commercial
Bank is to accept deposits from public for the purpose of
lending to industry and commerce.  The main objective of a Co-
operative Bank is to accept deposits from the members and the
public for the purpose of providing loans to farmers and small
businessmen with a motto of service.  square 3. Availability of
Funds ↓  Massive funds are available at the disposal of
Commercial Banks.  Limited funds are available at the disposal
of Co-operative Banks.  square 4. Area of Operation ↓
Commercial banks operate over a larger area. Some com