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    Are Cooperative Banks under RTI


    Does cooperative banks comes under the purview of RTI act?
    If not, why?
    If yes, how?
    Many of them claim to be societies, not banks.


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    re: Are Cooperative Banks under RTI


    It depends on the structure of Co-operative banks. Some co-operative banks have exclusive finance from parties and some exclusive from RBI/State Govt.
    The rule that applies to all public authorities should be uniformly applied to co-op banks also.
    The yard stick is "Without contribution of such amount, the entity ceases to exist, which is substantial contribution by Govt. as defined in RTI Act for declaring a Public Authority under RTI Act.
    The essence is that government should have substantial contribution in capital of that Co-op bank.

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