%A M Damodaran
%T As safe as a bank? 
%! As safe as a bank? 
%X At the heart of the matter is the failure of a multi-state cooperative bank, which is no more than a cooperative society doing banking business in more than one State. Even when multi-state cooperative societies came into being through an Act of Parliament, ostensibly to serve public interest in more than one State, questions were raised on the possibility that the federal system was getting diluted. 
%U https://www.thebillionpress.org/columns/business/safe-bank-1434