Adarsh Credit Co-operative Society Ltd. is one of the most trusted and leading credit co-operative society in terms of branch network, advisor strength and deposit procurement.

1. Adarsh Credit Co-operative Society Ltd.
Co-operative Societies – Enabling Economic
Development

2. Introduction
• Inception: 1999
• Industry: Financial Services
• Adarsh Credit Co-operative Society Ltd. is one of the
most trusted and leading credit co-operative society in
terms of branch network, advisor strength and deposit
procurement
• It was granted the status of Multistate Co-Operative
Society in February 2008 by the Ministry of Agriculture,
Government of India
• Currently has a wide presence with 820+ physical
branches, serving approximately 1.7 million members
through 2.5 lakhs Advisor base

3. Co-operative Societies
• A co-operative is a group of people acting together to
meet the common needs and aspirations of its members,
sharing ownership and making decisions
democratically.
• Co-operative societies are not a new concept. This is
almost a universal concept, prevailing across all the
countries.
• These co-operative societies are formed to secure low
cost credit, purchase supplies, market products and to
secure the services like insurance, irrigation, finance,
electric power.

4. Key Drivers
• Contributes to the overall system stability
• Essential focus on its customers/members
• A true business mix of conservative and
customer/member focus that helps in growth of the
economy as a whole

5. Functions of Co-operative Societies
• Aim to provide services and supplies (goods)
• Seek to prevent the exploitation of society’s weaker
members
• Aim to exclude unnecessary profits of middlemen in
commerce and trade
• Ultimately protect the rights of people as both, producers
and consumers

6. Key features of Co-operative Societies
i. Co-operative societies aim that isolated individuals
can receive the same benefits that are received by the
rich and powerful ones of the society, by connecting
one member with another.
• These benefits are not only materialistic but also do moral
justice.

7. ii. A co-operative society is a business organization which
is owned by those who use its services and its control rests
among all its members equally.
• Recognizing moral, educational and community values,
these cooperative societies are democratic and voluntary.
Key features of Co-operative Societies

8. iii. Co-operative societies play key role when it comes to
development goals. They not only generate income for
their members, but also offer a range of benefits. By
accomplishing their members’ needs, they ultimately
enhance the income standards and secure the livelihood of
their members and their communities.
• By doing these things, co-operative societies ultimately
enhance the growth of economy and boost
development in the country.
Key features of Co-operative Societies

9. Conclusion
• Adarsh Credit Co-operative Society Ltd. is one such
society that aims to uplift the weaker sections from rural
areas of the country
• It aims to boost overall development and growth of the
economy