sinza
sinza sinza
  • 10-04-2021
  • Social Studies
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difference between bank and co-operative?​

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nuralikozhakhmet
nuralikozhakhmet nuralikozhakhmet
  • 10-04-2021

Answer:

A commercial bank is a bank that is formed for the commercial purpose and hence its primary aim is to earn profit from its banking business. On the other hand, cooperative banks are owned and operated by the members for a common purpose, which is to provide financial service to agriculturists and small businessmen.

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