Distinguish Between Commercial Bank And Co-Operative Bank

the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 1. Registration ↓


In India, the Commercial Banks are required to be registered under Banking Regulation Act, 1949.

In India, the Co-operative Banks are required to be registered under the Co-operative Societies Act, of the concerned state.

the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank

the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 2. Main Objective ↓


The main objective of a Commercial Bank is to accept deposits from public for the purpose of lending to industry and commerce.

The main objective of a Co-operative Bank is to accept deposits from the members and the public for the purpose of providing loans to farmers and small businessmen with a motto of service.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 3. Availability of Funds ↓


Massive funds are available at the disposal of Commercial Banks.

Limited funds are available at the disposal of Co-operative Banks.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 4. Area of Operation ↓


Commercial banks operate over a larger area. Some commercial banks even have branches in foreign countries.

The area of operations of Co-operative Banks is limited and mostly confined to State. They do not operate at national level nor international level.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 5. Nationalisation ↓


At present 20 Commercial Banks have been nationalised in India.

In India Co-operative Banks are not nationalised.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 6. Merchant Banking Services ↓


Commercial Banks provide merchant banking services such as advising the companies regarding the public issue of shares.

Co-operative Banks do not provide merchant banking services.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 7. Mutual Funds ↓


Commercial Banks in India such as Canara Bank, Bank of India, State Bank of India, do operate mutual funds.

At present co-operative banks in India do not operate mutual funds.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 8. Basis of operation ↓


Commercial banks operates on the commercial principles. They operate to earn a profit.

The basis of operations is on co-operative lines, i.e. service to its members and the society.


the Commercial Banks are required to be registered under Banking Regulation Act Distinguish Between Commercial Bank and Co-operative Bank 9. Rate of Interest ↓


The Commercial Banks provide a lesser rate of interest as compared to co-operative banks.

The Co-operative Banks provide a little higher rate of interest on deposits as compared to commercial banks.

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