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Is REPCO A Government Or Private Bank?

Is REPCO A Government Or Private Bank?: Recently REPCO Bank has released a recruitment notification for the post of Junior Assistant in the various branches of the bank. REPCO Bank Clerk Notification is a golden opportunity for all those aspirants who are preparing for banking exams but one question arises in the mind of every candidate preparing for the banking examination. Is REPCO A Government Or Private Bank? Well, the answer to this question is not simple, it depends upon various factors which is discussed in the post below.

Is REPCO A Government Or Private Bank?

REPCO Bank is a multi-state cooperative bank, established by the Government of India in 1969. It is established for the purpose of promoting rehabilitation activities for repatriates from neighboring countries mainly from Sri Lanka and Burma. The area of operations of REPCO Bank is Tamilnadu, Andhra Pradesh, Karnataka, Kerala, and the Union Territory of Puducherry. The bank is under the administrative control of the FFR Division, Ministry of Home Affairs, and Govt. of India. So here is the answer to your question “Yes REPCO Bank is A Government Bank”. 

 

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