National federation state co operative bank


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National federation state co operative bank

  1. 1. National Federation ofState Co-operative Bank
  2. 2. National Federation of StateCooperative Banks• The National Federation of State Cooperative Banks Ltd. (NAFSCOB), was established on 19th May 1964 with a view to facilitate the operations of State and Central Cooperative Banks in general and Development of Cooperative Credit in particular.04-02-2013 VAMNICOM,PUNE 2
  3. 3. National Federation of StateCooperative Banks Dr. Bijender Singh, MLA Shri B.Subrahmanyam Chairman Managing Director04-02-2013 VAMNICOM,PUNE 3
  4. 4. The specific objectives ofNAFSCOB are• To provide a common forum to the member banks to examine the problems of cooperative credit, banking and allied matters and evolve suitable strategies to deal with them.• Promote and protect the interests of the member banks in all their activities and to give expression to the views of the member banks.• Co-ordinate with Government of India , Reserve Bank of India respective State Governments, NABARD and other higher financing institutions for the development of cooperative credit on behalf of the member banks.04-02-2013 VAMNICOM,PUNE 4
  5. 5. Cont.• Provide research and consultancy inputs to the member banks in order to facilitate them to strengthen their own organizations.• Organise conferences/seminars/workshops/meeting to share the views of common interest with a view to contribute for better policy decisions.04-02-2013 VAMNICOM,PUNE 5
  6. 6. The Federation functions withthree of its wings, Viz.:1. Planning Research and Development (PRD)2. All India Mutual Agreement Scheme (AIMAS)3. Computer Services Division (CSD)04-02-2013 VAMNICOM,PUNE 6
  7. 7. Members• State cooperative bank• Dist cooperative bank• Primary agricultural cooperative bank04-02-2013 VAMNICOM,PUNE 7
  8. 8. 04-02-2013 VAMNICOM,PUNE 8
  9. 9. The Funds of the Federationshall be raised as under• Annual subscriptions, contributions, services charges etc. at the rates fixed by the board from time to time from members only.• Donations, contributions, grants from members and others and also by way of loans obtained from the financing institutions and others.• Income from publications and journals, etc.• Grants and loans from the State Governments, the Central Government, National and International Institutions/Organizations.04-02-2013 VAMNICOM,PUNE 9
  10. 10. Membership at National LevelOrganizations NAFSCOB as a National Level Organization is also member of the following National and International Organizations / Agencies:• National Cooperative Union of India, New Delhi. (NCUI)• The Indian Society of Studies in Cooperation, Pune. (ISSC)• National Film and Fine Arts Cooperative Ltd. New Delhi (NAFFAC)• Indian Banks Association, Mumbai (IBA)04-02-2013 VAMNICOM,PUNE 10
  11. 11. Cont.• Indian Tourism Cooperative Ltd. New Delhi (Coop tour)• Cooperative Bank of India, New Delhi. (COBI)• The Indian Merchants Chamber (IMC)• Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE)• Computer Society of India (CSI)04-02-2013 VAMNICOM,PUNE 11
  12. 12. ACTIVITIES• To undertake relevant research studies in Agriculture and Rural Credit from time to time and suggest appropriate strategies.• To implement the All India Mutual Arrangement Scheme evolved in 1967, in order to facilitate the transfer of funds from one corner of the country.• To identify, formulate and evaluate the identified projects for the benefit of the member banks.04-02-2013 VAMNICOM,PUNE 12
  13. 13. Cont.• To develop a library-cum-documentation center for providing research facilities to cooperatives.• To disseminate the information on latest technology, policies and any other aspects related to cooperative credit through the Federations house journal viz. NAFSCOB BULLETIN.• To undertake any other activity for promoting, protecting and strengthening member banks.04-02-2013 VAMNICOM,PUNE 13
  14. 14. 04-02-2013 VAMNICOM,PUNE 14
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