Cooperative banks have limited branches in the country. They are mostly concentrated in the States where they were originally established by some distinguished farmers or socially-committed Samaritans after obtaining license from the RBI. It has been seen that as the coop banks cater to a particular community who may be belonging to a particular lingua-speaking region. The coop banks spread their wings to those areas or States where the particular community migrates or re-settles. This step severely restricts their all-India character.
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Why Cooperative banks have limited branches in Delhi/NCR?
This particular question foxed us initially. But later we found a plausible reason. That is, that cooperative bank is basically community-based & rural/semi-urban entities in nature; so they cater to specific communities where community-living still exists. This explains why many of them have fewer branches in metro areas.
Another startling discovery is that one popular cooperative bank of a particular State/UT with around 40 branches in a large metro does not even ‘boast’ of a website!
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Consumer Voice compared the service charges of 10 Cooperative Banks to recommend the Best Cooperative Bank. Read More
Scheduled State Co-operative Banks
https://rbidocs.rbi.org.in/rdocs/Content/pdfs/SCCB20141702.pdf
Non-Scheduled State Co-operative Banks
https://rbidocs.rbi.org.in/rdocs/Content/pdfs/NSCB20141402.pdf
Co-operative Banks - Scheduled Urban Cooperative Banks
https://rbidocs.rbi.org.in/rdocs/Content/pdfs/schedulecoop.pdf
Co-operative Banks - Non-Scheduled Urban Cooperative Banks
https://rbidocs.rbi.org.in/rdocs/Content/pdfs/nonschedulecoop.pdf
Co-operative Banks - State Cooperative Banks
https://rbi.org.in/commonman/english/scripts/banksinindia.aspx#SCB
Co-operative Banks - District Cooperative Banks
https://rbi.org.in/commonman/upload/English/Content/pdfs/districtcoop.pdf
