With increasing competition in the banking sector, there is a need for urban Cooperative banks to strengthen professional working culture and adopt new technologies for serving customers better.
Karnataka has pioneered in the cooperative movement in India. The population of Karnataka is around 6.14 crore of which, 2.21 crore members are part of co-operative societies. There are 52 types of cooperative societies. Cooperative movement is wide spread in all the developmental sectors like Credit, Marketing, Consumers and Silk among others.
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