A STUDY ON PERFORMANCE OF THE HIMACHAL PRADESH STATE CO-OPERATIVE BANK LIMITED

Abstract

State Co-operative Bank in a state is an important part of the entire cooperative credit system. State Co-operative Bank is the high estagency of the three tier cooperative credit structure in a state. RBI and NABARD provide credit and State Co-operative Banks help in its proper disbursement and proper utilization and also help to prevent its mutualisation. It serves as a link between RBI/NABARD at national level, District Central Co-operative Banks at district level and Primary Cooperative Societies at village level. State Co-operative Bank meets the financial requirement of its members engaged in agriculture and allied activities. The purpose of this paper is to highlight the growth of Himachal Pradesh State Co-operative Bank functioning in Himachal Pradesh. Being the highest authority of Cooperatives in a State it is important to study the performance of this bank. For this purpose the different financial and operating indicators have been studied in details. The data has been collected for twelve years from 2001-02 to 2012-13. The study shows that the share of fixed deposits in total deposits highest in comparison with other type of deposits. It was observed that non-agricultural outstanding loans of the bank ranged between 82.90 and 93.98 percent during the period of twelve years. Recovery performance of the while profits of the bank show a decreasing trend.