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News
Cooperative Societies
Cooperative Societies News
RBI
22 Nov 2021
Co-op societies can't use 'bank' in their names: RBI
RBI said it has come to notice that some cooperative societies are using the word 'bank' in their names in violation of the Banking Regulation Act. Further, the insurance cover from Deposit Insurance and Credit Guarantee Corporation (DICGC) is also not available for deposits placed with these societies.
PM Modi
28 Nov 2014
Use rural banks, post offices for cooking gas subsidy, Modi urged
In a letter to Modi, text of which was released to the media here, the chief minister said: "In remote and rural areas, people may find it difficult to access nationalised bank branches."
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