This document discusses different types of co-operative banks and societies in India. It describes urban co-operative banks that cater to credit needs in urban areas, and credit co-operative societies that are generally confined to a small area like a village and emphasize a person's character. It also outlines the objectives and functions of employees' co-operative credit societies and housing co-operative societies. Finally, it lists different types of co-operatives and some common problems faced by co-operatives like lack of finance and increasing costs.

1. CO-OPERATIVE
BANKS

2. URBAN CO-OPERATIVE BANKS
• Urban co-operative banks cater to the credit
needs of people residing in urban areas.
• They advance loans mostly to small traders,
artisans & salaried people on security.

3. OBJECTIVES & FUNCTIONS OF
URBAN CO-OPERATIVE BANKS
1) To attract deposits from members &
non-members
2) To advance loans to members
3) To act as the agent for the joint purchase of
requirements of the members
4) To undertake collection of bills, accepted or endorsed
by members
5) To arrange for safe custody of valuable documents
of members
6) To provide other facilities as provided by commercial
banks

4. CREDIT CO-OPERATIVE
SOCIETIES
• Credit co-operative societies are formed to lend
direct monetary help to its members.
• Such a society is generally confined to a small area
such as a village.
• Emphasis on persons character.
• The share capital of such a society is not fixed.
TYPES OF CREDIT SOCIETIES:
1) Short term credit societies
2) Long term credit societies

5. OBJECTS & FUNCTIONS OF AN
EMPLOYEES CO-OPERATIVE CREDIT
SOCIETY
1) To encourage thrift, self-help & co-operation among
members.
2) To attract deposits from members & non-members.
3) To lend money to members at reasonable rates of
interest.
4) To invest money or funds of the society not required
for lending
5) To carry on non-credit functions such as running a
consumer store

6. HOUSING CO-OPERATIVE
SOCIETIES
• Acc. To the MSCS Act, 1960, a housing society
is defined as, “a society, the subject of which is
to provide its members with open plots for
housing, dwelling-houses or flats; or if open
plots, the dwelling houses or flats are already
acquired to provide it common amenities &
services.”

7. TYPES OF CO-OPERATIVES
1) All the way co-operatives
2) Co-venture co-operatives
3) Flat ownership

8. PROBLEMS OF CO-OPERATIVES
1) Lack of finance
2) Scarcity of land & building material
3) Lack of suitable federation
4) Malpractices of housing co-operatives
5) Ever increasing costs