About me: Co-agent Banks are those which are consolidated
under the Co-agent social orders Act, of the
Various States and wherein the State Act
isn't there then it is administered by the
Indian Societies Registration Act, 1860 or Multi
State Co-Operative social orders Act, 2002.
Encourage then they are required to take permit
from the RBI for the operation as the same.
Note that co-agent Banks can allow advance and
acknowledge stores just from the individuals, not
the overall population and subsequently in each
co-agent bank there are two sorts of participation
one is general which are not having the privilege
to vote, and other one who have ideal to vote and
hold certain offers in the same.
Facilitate it is essential to take note of that in
co-agent banks, voting is meant by one individual
one vote, regardless of the quantity of offers
held by the individual.