Cooperative Banks definition

Cooperative Banks means lenders under the Credit Facility which are cooperative banks.
Cooperative Banks means lenders under the Credit Agreement which are cooperative banks.
Cooperative Banks means cooperative banks established in the Borrower’s territory pursuant to the Borrower’s Act of August 29, 1997 – Banking Law (Borrower’s Journal of Laws of 2023, item 2488) and considered acceptable by the Bank for the purpose of DLI 4 under this Agreement.

Examples of Cooperative Banks in a sentence

  • ID card issued to employees of Scheduled Commercial / State / District Co-operative Banks.

  • Note: “Bank Guarantees issued by Co-operative Banks are not acceptable”.

  • Scheduled Banks, both Governments owned as well as Private, except the Co-operative Banks.

  • Axis Bank (ii) ICICI Bank (iii) HDFC Bank• Co-operative Banks and Commercial Banks and recognized/notified by Government of Gujarat (GoG)Note: The Banks shall be the Banks recognized / notified by the Finance Department, Government of Gujarat (GoG) from time to time.

  • All payments shall be made in the form of RTGS/Demand Draft/Pay order/Bankers Cheque issued by any Scheduled / Nationalized Bank /Scheduled Co-operative Banks in favour of MMTC Limited payable at Bhubaneswar/Kolkata/or the amount may be deposited in MMTC Account at Bhubaneswar/Kolkata.

  • Any private sector banks, with a clause in the text of Bank Guarantee that it is enforceable by being presented at any branch of the bank Note: “Bank Guarantees issued by Co-operative Banks are not acceptable”.

  • In any case, cheques from any bank and cheques and Bank Drafts issued by Cooperative Banks will not be accepted by MSTC for any payment.

  • In any case, cheques of any bank and cheques and Bank Drafts issued by Cooperative Banks will not be accepted by BSNL/ MSTC for any payment.

  • The bonds established through Co-operative Banks are not acceptable.

  • The Bid Security may be issued at any place in India by a Scheduled Bank as listed in the Second Schedule of the Reserve Bank of India Act, 1934, excluding those listed under the headings of Gramin Banks, Urban Co-operative Banks and State Co-operative Banks.


More Definitions of Cooperative Banks

Cooperative Banks means lenders under the Credit Facility which are cooperative banks. "COOPERATIVE BANK EQUITY" means non-voting equity interests in Cooperative Banks.

Related to Cooperative Banks

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes:

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Licensed financial institution means a financial institution issued a license under this act.