There are different types of cooperative credit institutions working in India. Based on their geographical area of operations, they can primarily be classified as two main types:
- Urban Cooperative Banks
- Urban Cooperatives can be further divided into scheduled and non-scheduled. Both the categories are further divided into multi-state and single-state.
- Rural Cooperative Institutions
- Rural Cooperatives are further divided into short-term and long-term structures.
- The short-term cooperative banks are three tiered operating in different states.These are:
- State Cooperative Banks:Â They operate at the apex level in states
- District Central Cooperative Banks:Â They operate at the district levels
- Primary Agricultural Credit Societies:Â They operate at the village or grass-root level.
- The long-term structures are further divided into —
- State Cooperative Agriculture and Rural Development Banks (SCARDS) — These operate at state-level.
- Primary Cooperative Agriculture and Rural Development Banks (PCARDBS) — They operate at district/block level.
