There then arises a need to regain financial stability because financial instability has the potential to cause significant macro-economic costs: it interferes negatively with production, consumption and investment and is detrimental to broader goals of sustainable and sustained economic growth, full or rising employment and societal development.
However, members having a voting right do not take active part or show interest in the affairs of the cooperatives since the control and management is vested in a few members .Besides, depositors, whose money is intermediated by the cooperatives, have no voting right or any say in the management. Not keeping pace with changes 22.