Financial Statements Analysis of Urban Co-Operative Banks: With reference to Surat city
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It was inspired by the success of the experiments related to the co-operative movement in Britain and the co-operative credit movement in Germany that such societies were set up in India. Co-operative societies are based on the principles of cooperation, mutual help, democratic decision-making, and open membership.
Co-operatives represented a new and alternative approach to an organisation as opposed to proprietary firms, partnership firms, and joint stock companies, which represent the dominant form of commercial organisation. .
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