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1
CHAPTER – V
ROLE OF CO-OPERATIVE BANKS
1. ABHUDAYA CO-OPERATIVE BANK LTD.
(MULTI STATE SCHEDULED BANK)
This bank is established under the co-operative societies act, in the year 1964.
In the beginning the functions of the bank were narrow but over the passage of time it
has broadened the function.
Today it serves the society in ways by providing various financial products.
The contribution of the Abhudaya Co-operative bank in the development of Bhiwandi
City is indicated in the following figure.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Abhyudya bank was established for providing loan & advances to various
communities in Bhiwandi city for the benefit of economic development upliftment of
down trodden society. Powerloom industries are wildly scattered in Bhiwandi, but
they are not grown since long period. Hence, we have to see the progress of
powerloom industries due to the major role of Abhyudya Cooperative Bank by
providing different financial assistants and various other details of it is given as under:
2
Table No. 1
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
ACB 20 2 60 5 80 12 120 22 150 30
Graph No. 1
Table No. 2
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
ACB 4 3 4.1 4 3.5
Graph No. 2
3
1. BHARAT CO-OPERATIVE BANK (MUMBAI) LIMITED
(MULTI STATE SCHEDULED BANK)
This bank is established in the year 1977 under the co-operative societies act
1960. It has various branches at several places in Mumbai. It is recognized as one of
the leading bank among co-operative banks. But the researcher is concerned about the
role of bank for the Bhiwandi Tehsil. Hence the scope of the bank is indicated in the
following table and graph.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
The Bharat Co-operative Bank Limited was established for providing loan &
advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of The Bharat Co-
operative Bank Limited by providing different financial assistants and various other
details of it is given as under:
Table No. 3
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
BCB 7 0.2 10 1 17 3 25 6.5 55 10
4
Graph No. 3
Table No. 4
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
BCB 5.5 4.3 5.2 6.1 6
Graph No. 4
5
2. BOMBAY MERCANTILE CO-OPERATIVE BANK LTD.
(SCHEDULED BANK)
The bank was formed to serve the members of the society. It is established in
the year 1939 under co-operative societies Act and various regulations and norms of
RBI. It functions in different forms by providing productive service to its members
but the contribution of this bank in the growth of Bhiwandi is shown in the following
table and chart.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Bombay Mercantile Co-operative Bank Limited was established for providing
loan & advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of Bombay Mercantile
Co-operative Bank Limited by providing different financial assistants and various
other details of it is given as under:
Table No.5
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
BMCB 9 1 20 1.5 27 4 40 6 50 8
6
Graph No. 5
Table No. 6
NPA Level of Banks
(% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
BMCB 5.6 5 6.1 7.3 7
Graph No. 6
7
3. DOMBIVLI NAGARI SAHAKARI BANK LTD.
This bank is established to serve the different objectives of its members under
the co-operative societies act. It pursues various norms of RBI for its smooth
functioning.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Dombivli Nagari Sahakari Bank Limited was established for providing loan &
advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of Dombivli Nagari
Sahakari Bank Limited by providing different financial assistants and various other
details of it is given as under:
Table No. 7
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
DNSB 5 0.5 10 3 45 8 100 18 120 20
8
Graph No. 7
Table No. 8
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
DNSB 8 8.5 9.6 5.1 4.46
Graph No. 8
9
4. GOPINATH PATIL PARSIK JANATA SAHAKARI BANK LTD,
(SCHEDULED BANK)
It is scheduled bank established in the year 1971 for meeting agricultural
needs of the people in Thane Belapur belt. But the researcher is concerned with the
study of this bank to Bhiwandi region. It has played a significant role on the growth
Bhiwandi economy.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Gopinath Patil Parsik Janata Bank Limited was established for providing loan
& advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role Gopinath Patil Parsik
Janata Bank Limited by providing different financial assistants and various other
details of it is given as under:
Table No. 9
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
GPPJS 3 0.25 30 5 60 10 140 15 167 25
10
Graph No. 9
Table No. 10
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
GPPJS 3.2 3 4.1 4.4 4.3
Graph No. 10
11
5. THANE JANATA SAHAKARI BANK LTD.
(MULTI STATE SCHEDULED BANK)
This bank is established in the year 1972 under the co-operative societies act
1960. It has various branches at several places in Mumbai. It is recognized as one of
the leading scheduled bank among co-operative banks. But the researcher is
concerned about the role of bank for the Bhiwandi region. Hence the scope of the
bank is indicated in the following table and graph.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Thane Janata Sahakari Bank Limited was established for providing loan &
advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of Thane Janata
Sahakari Bank Limited by providing different financial assistants and various other
details of it is given as under:
Table No. 11
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
TJSB NA NA NA NA 5 0.2 35 3 40 5
12
Graph No. 11
Table No. 12
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
TJSB NA NA 6.67 3.42 2.63
Graph No. 12
13
6. THE THANE DISTRICT CENTRAL CO-OP BANK LTD.
The Thane District Central Co-Op Bank Ltd. is registered under Maharashtra Co-
Operative Society’s Act-1960. The Bank is the leader for all the co-operative
movements in the thane district. Established to Guide, to help and fulfill all the
financial needs of co-operative movements in the district. To act as Middle stage of
the three tier rural financial architecture in Maharastra State. To finance primary
agriculture co-operative societies (PACS) in the Thane District and generally to carry
on Banking Business. To advance loans to farmers for raising of crops, marketing of
agriculture fisheries societies, labours, rural artisans and other agricultural activities in
the Thane District....
Agriculture Banking is the main object of our Bank. Short Term Finance is
provided for seasonal Agriculture operation to the farmer members of primary
Agriculture co-operative societies, through these societies against security of land.
Medium Term loan is also made available to the Agriculturist through the societies
for purchase of motor pumps sets, constructions of pump house, repairing deeping of
old wells, installation of pipe line, purchase of bullocks/bullock carts and agriculture
implements, purchase of power tiller, tractors and construction of gobar gas plants.
Finance is also provided to the farmers through the societies for purchase of milch
cattle rearing of goats, running of the poultry farms etc., with view to make them
available side business to support their agriculture / activities.
For Crop Loans, Bank is giving interest free loan to the farmer. who are
repaying the outstanding crop loan before 31st March every year (reimbursement of
interest)
14
The Thane District Central Co-op. Bank Ltd., Thane is the Bank registered
under Maharashtra Co-op. Societies Act 1960 and licensed to carry on the Banking
business from Reserve Bank of India.
From 7 branches in 1958, We have grown to a network of 91 branches all over
Thane District and a customer base of more than 1 million. We serve the customers
with all the Banking facilities like Demand Deposits, Time Deposits, Loans and
Advances for various sectors and purposes.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
The Thane District Central Co-operative Bank Limited was established for
providing loan & advances to various communities in Bhiwandi city for the benefit of
economic development upliftment of down trodden society. Powerloom industries are
wildly scattered in Bhiwandi, but they are not grown since long period. Hence, we
have to see the progress of powerloom industries due to the major role of The Thane
District Central Co-operative Bank Limited by providing different financial assistants
and various other details of it is given as under:
Table No. 13
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
TCCB 30 0.6 40 8 70 12 120 19 160 25
15
Graph No. 13
Table No. 14
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
TCCB 6 5 5 6.5 4
Graph No. 14
16
7. THE MERCHANT COOPERATIVE BANK LTD.
The Merchants Co-Operative Bank Ltd., a trendsetter Bank in Mumbai which
serves its customers all the 365 days of the year. At the end of the golden jubilee year,
the bank has 4503 members and 60 associate members. The members include 3607
men and 956 women. There are 80 members who belong to scheduled cast and tribes
started the society on 02-07-1959 for the welfare and prosperity of merchants class on
a small scale.
The main object of the Bank at that time was to protect the businessman from
the exploitation of the private bankers. The society started with only 131 members
and Rs.56,429/- as share capital in 1959. Over a span of 50 years the bank has grown
up by leaps and bounds as a number one co-operative bank in Mysore District, as for
as working capital, transactions and earning of net profit are concerned. Late A. B.
Srikantaiah the first paid secretary of the bank had served with sincerity and dignity
for 30 years and rightly known as the architect of the bank. The head office at
Mumbai and the branch at Bhiwandi are own buildings with well-equipped, fully
Computerised and efficient staff.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
The Merchant Co-operative Bank Limited was established for providing loan
& advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of The Merchant Co-
17
operative Bank Limited by providing different financial assistants and various other
details of it is given as under:
Table No. 15
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
MCB 5 1 30 6 40 5 78 11 100 15
Graph No. 15
Table No. 16
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
MCB 5 5.5 6 7.8 7
19
8. BHIWANDI NAGARIK SAHAKARI BANK LTD
Bhiwandi Nagarik Sahakari Bank is one of the oldest and leading Cooperative
bank in Vidarbha. With the collective efforts by some of the devoted members of
cooperative movement, on the auspicious day of "Vijayadashmi" in the year 1962.
Bhiwandi Nagarik Sahakari Bank's first branch was started in Gandhibagh area of
Bhiwandi.
The Bank started with a meager capital amount of Rs. 26000/- and has grown
to a capital base of Rs. 1493.46 lac with 60521 members as on 31st March, 2010. The
Bank was awarded Scheduled bank status on 22nd May 1999 after fulfilling the
criteria of desired deposit base. The bank has also acquired Multistate Scheduled
Bank status on 21st March 2001. Today, the area of operation of the bank is entire
state of Maharashtra , Madhya Pradesh and Raipur, Durg in the state of Chattisgarh.
The Bank has adopted models Bye-Laws of Multistate Cooperative Societies on
approval w.e.f Dt 17/12/2004. The Bank has 33 Nos of fully computerized branches
with one Service branch and Head Office. Out of the above, the bank own's premises
for its 11 branches with modern interiors.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Bhiwandi Nagarik Sahakari Bank Limited was established for providing loan
& advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of Bhiwandi Nagarik
20
Sahakari Bank Limited by providing different financial assistants and various other
details of it is given as under:
Table No. 17
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
BNSB 5 1 20 5 40 12 60 24 80 30
Graph No. 17
Table No. 18
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
BNSB 9 9.5 8 8.9 10
22
9. SAHYADRI SAHAKARI BANK LTD
This bank is established in the year 1974 under the co-operative society’s act
1960. It has various branches at several places in Mumbai. It is recognized as one of
the leading bank for business mix among co-operative banks. But the researcher is
concerned about the role of bank for the Bhiwandi Tehsil. Hence the scope of the
bank is indicated in the following table and graph.
CONTRIBUTION TOWARDS POWER LOOM SECTOR IN BHIWANDI:
Sahyadri Sahakari Bank Limited was established for providing loan &
advances to various communities in Bhiwandi city for the benefit of economic
development upliftment of down trodden society. Powerloom industries are wildly
scattered in Bhiwandi, but they are not grown since long period. Hence, we have to
see the progress of powerloom industries due to the major role of Sahyadri Sahakari
Bank Limited by providing different financial assistants and various other details of it
is given as under:
Table No. 19
Provision of loans against Deposits
Year 2002 2005 2008 2011 2012
Dep. Loan Dep. Loan Dep. Loan Dep. Loan Dep. Loan
SSB NA NA NA NA NA NA 10 0.2 30 1
23
Graph No. 19
Table No. 20
NPA Level of Banks (% of gross NPA's to gross advances)
Year 2002 2005 2008 2011 2012
SSB NA NA NA 4 3
Graph No. 20
24
On the discussion of the profile of the- above banks taken in the study concluded in
the following results:
Table No. 21
Return on Investment
Year No. of
Units
Total Investment
(in crore)
Return
(in crore)
Return on Investment
(in %)
2002 51 60 6.2 10.33
2005 51 75 8 10.67
2007 51 85 9 10.59
2011 51 100 9.7 9.70
2012 51 120 10 8.33
Graph No. 21
25
Cooperative banks are also allocating funds to powerloom workers to meet their
personal needs in small amount as under:
Table No. 22
Micro Loan to Workers ( Co-operative Banks )
Year Loan (Rs.)
2002 10,00,000
2005 40,00,000
2008 50,00,000
2011 1,00,00,000
2012 3,00,00,000
Graph No. 22
0
5000000
10000000
15000000
20000000
25000000
30000000
35000000
2002 2005 2008 2011 2012
Loan Rs.
Micro Loan to Workers ( Co-operative Banks )