NIC 641903 - Activities of co-operative banks including Urban Co-op Banks, Primary Agricultural Credit Societies (PACS), Central Cooperative Banks (CCBs), State Cooperative Banks (SCBs) and other credit co-operatives and unions

NIC 641903 classifies activities of co-operative banks including urban co-op banks, primary agricultural credit societies (pacs), central cooperative banks (ccbs), state cooperative banks (scbs) and other credit...

Key Facts

641903 at a Glance

Code 641903

Official title Activities of co-operative banks including Urban Co-op Banks, Primary Agricultural Credit Societies (PACS), Central Cooperative Banks (CCBs), State Cooperative Banks (SCBs) and other credit co-operatives and unions

Version NIC 2025

Source authority MoSPI

Section L - Financial and insurance activities

Division 64 - Financial service activities, except insurance and pension funding

Group 641 - Monetary intermediation

Class 6419 - Other monetary intermediation

Level Sub-class

Depth 5/5

Children 0

Last verified 2026-04-21

In this section

641901

Activities of commercial banks, Regional Rural Banks, Local Area Banks

641902

Activities of Payment, Small Finance Banks and similar activities

641903

Activities of co-operative banks including Urban Co-op Banks, Primary Agricultural Credit Societies (PACS), Central Cooperative Banks (CCBs), State Cooperative Banks (SCBs) and other credit co-operatives and unions

641904

Activities of Postal giro and postal saving banks activities and money order activities and other similar activities

641905

Activities of deposit taking NBFCs (Investment and Credit Companies (ICC), Housing Finance Companies (HFC))

641906

Activities of non-deposit taking NBFCs(ICC, NBFC-Infrastructure Debt Fund, NBFC-Micro-Finance Institutions, NBFC-Non-Operating Financial Holding Companies, HFC, Standalone Primary Dealers)

641907

Activities of monetary intermediation carried out by Self Help Groups (SHG)

641999

Other monetary intermediation activities n.e.c.

← 641902 641904 →

Official note

Class 6419 note from source layer

This class includes the receiving of deposits and/or close substitutes for deposits and extending of credit or other forms of lending funds. The granting of credit can take a variety of forms, such as loans mortgages, consumer credit cards etc. These activities are generally carried out by monetary institutions other than central banks This class excludes: - credit granting by specialised non-depository institutions, e.g. for house purchases, see 6492 - credit card transaction processing and settlement activities, see 6619