Multiple choice

Which of the following co-operative banks has merged its 10 loss-making branches?

  1. Ahmedabad Mercantile Co-operative Bank.

  2. Bharat Co-operative Bank

  3. Madhavpura Mercantile Co-operative Bank.

  4. Express Co-operative Bank of Maharashtra and Goa.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Historical records regarding Indian co-operative banking indicate that the Madhavpura Mercantile Co-operative Bank faced significant issues, including the closure or merger of loss-making branches during its restructuring phase.