Current Developments in Corporate Banking in India
Current Developments in Cooperative Banking in India
Mandira Sarma
Indian Council for Research on International Economic Relations (ICRIER) Core 6A, India Habitat Centre, Lodi Road, New Delhi 110 003 India mandira@icrier.res.in •First •Prev •Next •Last •Go Back •Full Screen •Close •Quit
• The cooperative banks/credit institutions constitutes the second segment of Indian banking system, comprising of about 14% of the total banking sector asset (March 2007).
• Bulk of the cooperative banks operate in the rural regions with rural coop banks accounting for 67% of the total asset and 67% of the total branches of all cooperative banks.
• Share of rural cooperatives in total institutional credit was 62% in 1992-93,
34% in 2002-03 and 53% in 2006-07.
• Cooperative banks have an impressive network of outlets for institutional credit in India, particularly in rural India (1 PACS per 7 villages).
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• In March 2007, there were 97,224 PACS in rural India against 30,393 branches of commercial banks (more than 3 times of outlet of coop banks).
• In March 2007, there were 102 savings A/C and 113 cooperative bank members per 1000 rural in India.
• Cooperative banks (both rural and urban) cater to small and marginal clients. • Financial health of the cooperative credit institutions, particularly the rural cooperatives, has been found to be poor by several Committees.
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Structure of Cooperative Banking (March 2007) Institution A. Rural Cooperative Credit Structure (i) Short Term (ST) • State Coop Banks (StCB) • District Central Coop Banks (DCCB) • Primary Agri Coop Societies (PACS) (ii) Long Term (LT) • State Coop Agri and Rural Dev Banks • Primary Coop Agri and Rural Dev Banks B. Urban Cooperative Banks (i) Primary Coop Banks (PCB) (ii) Primary Non-Agri Coop Societies Number No. of br. Asst Share (%) 107497 106781 31 369
Mandira Sarma
Indian Council for Research on International Economic Relations (ICRIER) Core 6A, India Habitat Centre, Lodi Road, New Delhi 110 003 India mandira@icrier.res.in •First •Prev •Next •Last •Go Back •Full Screen •Close •Quit
• The cooperative banks/credit institutions constitutes the second segment of Indian banking system, comprising of about 14% of the total banking sector asset (March 2007).
• Bulk of the cooperative banks operate in the rural regions with rural coop banks accounting for 67% of the total asset and 67% of the total branches of all cooperative banks.
• Share of rural cooperatives in total institutional credit was 62% in 1992-93,
34% in 2002-03 and 53% in 2006-07.
• Cooperative banks have an impressive network of outlets for institutional credit in India, particularly in rural India (1 PACS per 7 villages).
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• In March 2007, there were 97,224 PACS in rural India against 30,393 branches of commercial banks (more than 3 times of outlet of coop banks).
• In March 2007, there were 102 savings A/C and 113 cooperative bank members per 1000 rural in India.
• Cooperative banks (both rural and urban) cater to small and marginal clients. • Financial health of the cooperative credit institutions, particularly the rural cooperatives, has been found to be poor by several Committees.
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Structure of Cooperative Banking (March 2007) Institution A. Rural Cooperative Credit Structure (i) Short Term (ST) • State Coop Banks (StCB) • District Central Coop Banks (DCCB) • Primary Agri Coop Societies (PACS) (ii) Long Term (LT) • State Coop Agri and Rural Dev Banks • Primary Coop Agri and Rural Dev Banks B. Urban Cooperative Banks (i) Primary Coop Banks (PCB) (ii) Primary Non-Agri Coop Societies Number No. of br. Asst Share (%) 107497 106781 31 369