Q.Explain any four sources of funds of the Maharashtra State Co-operative Bank.

The apex bank draws on both its own resources and money raised from others, including a special source no ordinary bank has.

The Maharashtra State Co-operative Bank raises its funds from several sources, of which four important ones are:

1. Share capital — Its share capital is subscribed chiefly by its member district central banks and by the State Government, which often contributes to strengthen the movement. This gives the bank its foundation capital.
2. Reserve fund and other reserves — A part of every year's profit is set aside as a reserve fund (and other reserves), strengthening the bank's finances and enabling it to absorb future losses.
3. Deposits — The apex bank receives deposits from its member district banks, from other co-operative institutions, from the government, and from the public, in current, savings and fixed forms; these are a large source of its working funds. …

Give a balanced answer with both owned and borrowed sources, and remember to mention refinance from the RBI/NABARD — the sourc …