Sucheta Dalal

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Suchetadalal's Discussion Forum » W e l c o m e

PROBLEMS OF CO-OP BANKS.

(1 post)
  • Started 6 years ago by k a prasanna
  1. Each and every decision in most Coop bank are taken by the board, who have vested interest. All Coop banks have a CEO for name sake. The CEO, in some banks, does not have the power to pass bills even for Rs 5/-. Loans are given to the 'same community / cast' people without proper assessment. Apart from this, there are IR issues like leave, number of holidays, PF, ESI and Gratuity, which are outside the purview of RBI.

    Posted 6 years ago #

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