The National Federation of State Cooperative Banks (NAFSCOB) was established in 1964 to facilitate operations of state and central cooperative banks and develop cooperative credit. It has three wings: planning research and development, the All India Mutual Agreement Scheme, and computer services. NAFSCOB represents state cooperative banks, district cooperative banks, and primary agricultural cooperative banks. Its activities include research, implementing funds transfer schemes, identifying projects, and disseminating information to strengthen member banks.

1. National Federation of
State Co-operative Bank

2. National Federation of State
Cooperative 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. National Federation of State
Cooperative Banks
Dr. Bijender Singh, MLA Shri B.Subrahmanyam
Chairman Managing Director
04-02-2013 VAMNICOM,PUNE 3

4. The specific objectives of
NAFSCOB 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. 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. The Federation functions with
three 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. Members
• State cooperative bank
• Dist cooperative bank
• Primary agricultural cooperative bank
04-02-2013 VAMNICOM,PUNE 7

8. 04-02-2013 VAMNICOM,PUNE 8

9. The Funds of the Federation
shall 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. Membership at National Level
Organizations
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. Cont.
• Indian Tourism Cooperative Ltd. New Delhi (Coop tour)
• Cooperative Bank of India, New Delhi. (COBI)
• The Indian Merchant's Chamber (IMC)
• Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE)
• Computer Society of India (CSI)
04-02-2013 VAMNICOM,PUNE 11

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. 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 Federation's house journal viz. NAFSCOB BULLETIN.
• To undertake any other activity for promoting, protecting and
strengthening member banks.
04-02-2013 VAMNICOM,PUNE 13

14. 04-02-2013 VAMNICOM,PUNE 14