ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > Resolve Your Query - Get Help and discuss Projects > Management Of Co-operatives ( MOC )

URBAN COOPERATIVE BANKS

URBAN COOPERATIVE BANKS

Discuss URBAN COOPERATIVE BANKS within the Management Of Co-operatives ( MOC ) forums, part of the Resolve Your Query - Get Help and discuss Projects category; Co-operative movement is quite well established in India. The first legislation on co-operation was passed in 1904. In 1914 the ...

Reply
 
LinkBack Thread Tools Display Modes
URBAN COOPERATIVE BANKS
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
URBAN COOPERATIVE BANKS - September 16th, 2010




Co-operative movement is quite well established in India. The first legislation on co-operation was passed in 1904. In 1914 the Maclagen committee envisaged a three tier structure for co-operative banking viz.


Primary Agricultural Credit Societies (PACs) at the grass root level, Central Co-operative Banks at the district level and State Co-operative Banks at state level or Apex Level. The first urban co-operative bank in India was formed
nearly 100 years back in Baroda.


Co-operative Institutions are engaged in all kinds of activities namely production, processing, marketing, distribution, servicing, and banking in India and have vast and powerful superstructure. Co-operative Banks are important cogs in this structure.


In the beginning of 20th century, availability of credit in India, more particularly in rural areas, was almost absent. Agricultural and related activities were starved of organised, institutional credit. The rural folk had to depend entirely on the money lenders, who lent Often at usurious rates of interest.


The co-operative banks arrived in India in the beginning of 20th Century as an official effort to create a new type of institution based on the principles of co-operative organisation and management, suitable for problems peculiar to Indian conditions.


These banks were conceived as substitutes for money lenders, to provide timely and adequate short-term and long-term institutional credit at reasonable rates of interest.


In the formative stage Co-operative Banks were Urban Co-operative Societies run on community basis and their lending activities were restricted to meeting the credit requirements of their members.

The concept of Urban Co-operative Bank was first spelt out by Mehta Bhansali Committee in 1939 which defined on Urban Co-operative Bank .


Provisions of Section 5 (CCV) of Banking Regulation Act, 1949 (as applicable to Co-operative Societies) defined an Urban Co-operative Bank as a Primary Co-operative Bank other than a Primary Co-operative Society.


While the business of the rural co-operative sector has shown an improvement, the rates of growth of deposits and credit have shown some decline over the year. But compared to the rural co-operative banks, the Primary cooperative banks (PCBs) which operate in the urban areas have shown better performance.


With gradual growth and also given philip with the economic boom, urban banking sector received tremendous boost and started diversifying its credit portfolio. Besides giving traditional lending activity meeting the credit requirements of their customers they started catering to various sorts of customers viz.self-employed, small businessmen / industries, house finance, consumer finance, personal finance etc.


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.

Friends: (0)
Reply With Quote
Related to URBAN COOPERATIVE BANKS
 
Similar Threads
Thread Thread Starter Forum Replies Last Post
comparative study of commercial banks n cooperative banks Swapnil Made Banking and Insurance Final 100 marks projects 54 July 17th, 2012 08:02 PM
cooperative banks Sandhya Vaidyanathan Upload / Download Banking and Insurance Projects and Notes 3 September 8th, 2010 06:49 PM
Development Banks In India with respect to IDBI Banks singh neelam Resolve Your Query - Get Help and discuss Projects 2 June 4th, 2010 02:32 PM
BANKS mimic other banks. They expose themselves to similar risks by making the same s shreyjoshi Articles !! 0 January 6th, 2010 03:29 PM
urban Intro urban Introduce Yourself !! 0 September 18th, 2009 12:36 AM
 

Reply

Bookmarks

Tags
banks, cooperative, urban

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  
» Ads




» Recent Threads
Solution manual on... ( 1 2)
Last post by Mian Umar
4 Hours Ago 07:56 AM
19 Replies
Solution manual on Cost... ( 1 2 3... Last Page)
Last post by Ahmed Shousha
9 Hours Ago 02:26 AM
35 Replies
Pepsi IPL7 Match -...
Last post by Yashwant Naik
13 Hours Ago 10:40 PM
0 Replies
Testbank on Human... ( 1 2)
Last post by Sinem At?lgan
15 Hours Ago 08:47 PM
15 Replies
Should Parents allow... ( 1 2 3... Last Page)
16 Hours Ago 07:33 PM
35 Replies
Project on CRM (... ( 1 2 3... Last Page)
Last post by Vish Kumar
18 Hours Ago 06:12 PM
249 Replies
Windsor Brokers - Short...
Last post by Windsor Brokers
18 Hours Ago 05:34 PM
0 Replies
Mandatory Registration...
Last post by Stella Lauren
18 Hours Ago 05:30 PM
0 Replies
One Person Company - All...
Last post by Joel Francis
20 Hours Ago 04:09 PM
0 Replies
Short Term Technical... ( 1 2 3... Last Page)
Last post by Riya Bajaj
21 Hours Ago 03:07 PM
41 Replies
Mumbai Indians Vs....
Last post by Jagruti Shah
22 Hours Ago 01:39 PM
1 Replies
Solution manual of...
Last post by Daran Ed
1 Day Ago 08:49 PM
2 Replies
Solution manual of... ( 1 2)
Last post by Daran Ed
1 Day Ago 08:41 PM
18 Replies
Marc Marquez Won His...
Last post by Ritesh Maratha
1 Day Ago 05:30 PM
0 Replies
Manny Pacquiao
Last post by Ritesh Maratha
1 Day Ago 05:25 PM
0 Replies
» Projects Helpline
Project on CRM (...
Last post by Vish Kumar
18 Hours Ago 06:12 PM
100 Marks Project on...
by msdhoni
Last post by Bhautik Kawa
3 Days Ago 11:55 AM
Ask Gaurav Mishra for...
1 Week Ago 09:33 PM
PROJECT REPORT ON HOTEL...
Last post by Bhautik Kawa
1 Week Ago 12:40 PM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in