Cooperative banks are financial institutions that are owned and operated by their members. They are formed through voluntary association for purposes of self-help and meeting members' financial needs. Cooperative banks are owned and controlled by their members who are both customers and owners. They provide banking services like loans and deposits to their members.
In this ppt presentation the role, need and sources of credit in Indian agriculture are listed clearly explained which will be very useful for the economics and finance students. here, we have discussed about the institutional credit agencies and non institutional credits and various government schemes.
The detail classification of credit in agriculture and need of credit in agriculture to Indian farmers.
ECON-242 Agriculture finance and co-operation.
By, Miss. Raksha Anil Hingankar.
ICA stands for International Co- operative Alliance (ICA) which is an independent , non governmental co-operative federation (i.e) a co-operative union representing co-operatives and their movements worldwide.
A cooperative is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs and aspiration through a jointly owned and democratically controlled business.
Cooperative societies are voluntary associations started with the aim of service to members.
Cooperative marketing consist of two words ‘cooperative or cooperation’ and ‘marketing’.
It is also the marketing ‘for the farmers’ and ‘by the farmers’ that aim at eliminating the chain of functionaries operating between the farmers and the ultimate consumers and thus securing maximum price for the farmer’s produce.
According to RBI “Co-operative marketing is a co-operative association of cultivators formed primarily for the purpose of helping the members to market their produce more profitably than is possible through private trade.”
According to FAO ‘Co-operative Marketing is a system through which a group of farmers join together to carry on some or all the process involved in bringing goods to the consumer.”
What is a regional rural bank ? What is the shareholding pattern of RRB? What are its role and functions ? The organizational structure of RRBs. List and objectives of RRBs. It is a presentation presented by 5 .
WHAT IS CONTRACT FARMING?
Contract farming can be defined as agricultural production carried out according to an agreement between a buyer and farmers which establishes conditions for the production and marketing of a farm product or products. Typically, the farmer agrees to provide agreed quantities of a specific agricultural products.
Theory and practice of contract farming
A central processing or exporting unit purchases the harvests of independent farmers.
Most commonly practiced by food processing companies.
It includes the condition of Agricultural Insurance before the independence and after the independence and currently running insurance scheme in 2015-16.
In this ppt presentation the role, need and sources of credit in Indian agriculture are listed clearly explained which will be very useful for the economics and finance students. here, we have discussed about the institutional credit agencies and non institutional credits and various government schemes.
The detail classification of credit in agriculture and need of credit in agriculture to Indian farmers.
ECON-242 Agriculture finance and co-operation.
By, Miss. Raksha Anil Hingankar.
ICA stands for International Co- operative Alliance (ICA) which is an independent , non governmental co-operative federation (i.e) a co-operative union representing co-operatives and their movements worldwide.
A cooperative is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs and aspiration through a jointly owned and democratically controlled business.
Cooperative societies are voluntary associations started with the aim of service to members.
Cooperative marketing consist of two words ‘cooperative or cooperation’ and ‘marketing’.
It is also the marketing ‘for the farmers’ and ‘by the farmers’ that aim at eliminating the chain of functionaries operating between the farmers and the ultimate consumers and thus securing maximum price for the farmer’s produce.
According to RBI “Co-operative marketing is a co-operative association of cultivators formed primarily for the purpose of helping the members to market their produce more profitably than is possible through private trade.”
According to FAO ‘Co-operative Marketing is a system through which a group of farmers join together to carry on some or all the process involved in bringing goods to the consumer.”
What is a regional rural bank ? What is the shareholding pattern of RRB? What are its role and functions ? The organizational structure of RRBs. List and objectives of RRBs. It is a presentation presented by 5 .
WHAT IS CONTRACT FARMING?
Contract farming can be defined as agricultural production carried out according to an agreement between a buyer and farmers which establishes conditions for the production and marketing of a farm product or products. Typically, the farmer agrees to provide agreed quantities of a specific agricultural products.
Theory and practice of contract farming
A central processing or exporting unit purchases the harvests of independent farmers.
Most commonly practiced by food processing companies.
It includes the condition of Agricultural Insurance before the independence and after the independence and currently running insurance scheme in 2015-16.
The basic reason for the financial assistance in rural areas.
Indian agriculture is characterized by low productivity, which leads to low income.
Due to low income and high level of consumption the investment made in agriculture is also low.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
2. A financial entity which belongs to its members.
Members are both customers and owners at the
same time.
Created by persons belonging to same local or
professional community or sharing a common
interest.
They provide their members with a wide range of
banking and financial services
(loans, deposits, banking accounts etc).
Carried on no profit no loss basis
3. In India they are regulated with the RBI and governed
by Banking Regulations Act 1949 and cooperative
societies Act 1965.
4. Lower administrative costs on account of voluntary
services rendered by their members.
They fill a strong feeling of responsibility among their
members for punctual payment of interest and
repayment of loans.
They promote savings among their members and
mobilize their small savings for productive purposes.
Procedure of deposits and withdrawal is far less
complicated than a commercial bank, since personal
identification and such other problems don’t exist.
Provide loans to their members at lower rates.
Make their members financially more secure
Suitable to help for small means
11. They are the local or base level.
In rural areas there are PACs which cater to the short
and medium term credit needs of the farmers.
Their members have unlimited liabilities.
Members contribute in share capital.
Members elect president and other members of the
managing committee.
They raise funds by share capital, membership
fees, deposits of members and non-members and loans
from the district central cooperative banks and the
government.
12. They are federations/group of primary credit
societies belonging to a specific district.
They manage their funds from share
capital, deposits, loans from State Cooperative Banks
and other commercial banks.
DISTRICT CENTRAL
COOPERATIVE
BANKS
PURE
Membership is only
for cooperatives
org.
MIXED
Membership is for
both cooperative
org. and individuals
13. Formed by federating all district central cooperative
banks in a particular state.
It is the apex bank of cooperative sector in India.
It raises its funds by way of share capital, deposits
from funds, surplus funds of the affiliated CCBs
reserve funds, loans from the SBI, other commercial
banks, and inter-bank borrowings.
They are supported by the RBI.
Between 50-90% of the working capital of the SCBs
are contributed by the RBI.
16. Cooperative credit societies established in urban
areas.
Maharashtra-only those urban credit societies can
be called as ‘banks’ which conduct banking business
in accordance with Sec.277F of the Indian Companies
Act 1913 and should have paid up share capital
exceeding Rs. 20,000.
URBAN
COOPERATIV E
BANKS
UNIT BANKING
BRANCH
BANKING
17. They meet needs of specific types or group of
members.
Also called PRIMARY COOPERATIVE BANKS (PCBs) by
the RBI.
“small sized cooperatively organized banking units
which operate in metropolitan, urban and semi-urban
centres to cater mainly the needs of small borrowers, viz.,
owners of small scale industrial units, retail traders,
professionals and salaried classes”.
The Urban Banks Dept. established in the RBI in 1984,
monitors and regulates the growth of PCBs.
Objective:- promoting savings and self help among the
middle class population and providing credit facilities to
the people with small means in the urban/semi-urban
centres.
18. Regulated and supervised by:-
In case of single-state cooperative banks:- State
Registrars of Cooperative Societies (RCS)
In case of multi-state cooperative banks:- the RBI
19. Following the recommendation of the National
Federation of Urban Cooperative Banks, the RBI
decided to include in the 2nd Schedule of the RBI
Act, 1934, all licensed urban cooperative banks whose
total deposit are Rs. 50 crores and above and whose
methods of operations and working are satisfactory.
20. From Sep. 1, 1988, the following 11 urban cooperative
banks have been included in the 2nd Schedule:-
The Abhyudaya Cooperative Bank Ltd.
The Bombay Mercantile Cooperative Bank Ltd.
The Development Cooperative Bank Ltd.
Janata Sahakari Bank Ltd.
Kalupur Commercial Cooperative Bank Ltd.
Rajkot Nagrik Sahakari Bank Ltd.
Rupee Cooperative Bank Ltd.
Sangli Urban Cooperative Bank Ltd.
Saraswat Cooperative Bank
Shamrao Vithal Cooperative Bank Ltd.
The Surat People’s Cooperative Bank Ltd.
21. The banks which are not included in the 2nd
schedule of RBI act 1934.
These also have to maintain statutory cash reserve
ratio but not with RBI.
Their banking activities are limited. For e.g.:- they
cannot deal in foreign exchange.
The share of these banks are almost nil.
22. Following are few non-scheduled banks:-
Akhand Cooperative Bank Ltd.
Apani Sahkari Bank Ltd.
Baroda Traders Cooperative Bank Ltd.
Citizen Cooperative Bank Ltd.
Financial Cooperative Bank Ltd.
23.
24. COMMERCIAL BANKS COOPERATIVE BANKS
• Joint stock company.
• Governed by Banking
Regulation Act.
• Subject to control of the
RBI directly
• More Scope
• Larger scale
• Public and private banks
• Borrowers don’t have any
voting rights as such
• Cooperative
organizations.
• Governed by Cooperative
Societies Act 1956
• Subject to rules laid down
by Registrar of
Cooperative Societies
• Lesser scope
• Smaller scale
• Private sector banks
• Borrowers have some
influence on the lending
policy of the banks