Question

Which District Co-operative bank is not affiliated to Kerala bank?

• A. Palakkad District Co-operative Bank.
• B. Thiruvananthapuram District Co-operative Bank.
• C. Malappuram District Co-operative Bank.
• D. Kozhikode District Co-operative Bank.

Answer 1

Answer:

C. Malappuram District Co-operative Bank.

Kerala Bank

• The aim of Kerala Bank is to change the three-tier system which is the general system of cooperative banks in Kerala to a two-tier system.

• Kerala Bank is made up of State Cooperative Banks and 13 District Cooperative Banks.

• District Co-operative Bank not affiliated to Kerala Bank- Malappuram District Co-operative Bank

• Kerala Bank was formed on the recommendation of MS Shriram Committee.

• Date of Formation- 29 November 2019

• Residence - Thiruvananthapuram

• First CEO - PS Rajan