At present the Reserve Bank is not so keen on inflicting punitive actions on the banks, but we must keep in mind that if we do not improve our mistakes then the apex bank will take stringent actions
The cooperative movement has endured in this country for more than a hundred years now. It has maintained its existence right from the British Raj till today. However, the challenges faced by the cooperative sector have remained perpetual even today. Finding a solution to the problems seems arduous, and instead of subsiding, there has been a rapid growth in the challenges. This has resulted in a steady decline in the number of cooperative banks in the country. (Watch the video for more information.)