A Credit Society, simply a cooperative bank, is a financial institution that operates on the cooperative principle. It is a type of cooperative society where members pool their resources to provide financial services to each other. These societies are owned and operated by their members, who are also the customers of the institution.Credit Societies play a significant role, especially in rural areas and among small-scale businesses, by providing access to financial services that might not be easily available from traditional banks.
Jeeva Janhit Sahkari Sanstha
