Repayment of dues to bank

Rashi Bajaj (CA) (752 Points)

10 November 2015  

Dear Friends,

I have a query regarding Point No 9 of CARO, 2015.

If Repayment of dues to Banks, Financial Institutions is in default we have to report.

My question is, does the term "BANK" include Co-operative banks?

 

Thanks in anticipation.