CO-OPERATIVES

&

RURAL MARKETS

ROAR GROUP

VIKAS P. MISHRA 129 RAKESH S. AMIN 125 OMKAR A. SHINDE 89 AZHAR N. SHAIKH 90 RAHUL N. TAKALE 91 ROGER Y. PETER 88 UMESH S. DASONI 130

TYPES OF BANKS CENTRAL BANKS

PUBLIC SECTOR BANKS

PRIVATE SECTOR BANKS

CO-OPERATIVE BANKS

DEVELOPMENT BANKS

CO-OPERATIVE BANK

“A Cooperative Bank is a financial entity which belong to its member, who are at the same time the owners and the customers of their bank. Co-

operative banks are often created by persons belonging to the same local or professional

community or sharing a common interest. Co-operative banks generally provide their

members with a wide range of banking and financial services i.e. loans, deposits, banking

accounts.”

SARASWAT BANK

INTRODUCTION Established on 14th September,1918.

Mr.J.K.PARULKAR was the first Chairman of

the Saraswat Bank.

Society was converted into full fledged Urban

Co-operative Bank in the year 1933.

Mrs.SOUMYA RAO is the present Branch

Manager of Kalyan Branch.

OBJECTIVE

Bank was set-up to help families in distress.

To provide accommodation to its member in

eventualities such as weddings of dependent

members of the family, repayment of debt &

expenses of medical treatment & so on.

MILESTONES After 25 years of its establishment, bank had a strong

foundation in terms of its membership, resources,

assets & profits.

In last 2 decades bank has witnessed steady growth

with 223 fully computerized branches.

On 31st March 2010 bank had business of 26000cr &

was surpassed in September by crossing 29000cr

landmark.

LONG TERM GOAL

Bank has an ambitious business expansion plan in

place to have a presence in all major cities of the

country.

Bank also aims at achieving 50,000cr by 2016 and

1,00,000cr by 2018.

THE THANE DISTRICT CENTRAL CO-OP. BANK LTD.

INTRODUCTION Bank was formed under Maharashtra State Co-

Operative Societies Act,1960 & controlled by NABARD.

Finance is provided by NABARD.

Bank has 82 Branches over Thane District.

Mrs.LATA PATIL is the present Branch Manager of Kalyan Branch.

SERVICES Banks preferential sector is FARMING.

0% loan is provided to the farmers (only crops related) if repaid before maturity.

Loans are provided at very low interest rate for other agricultural activity.

Bank has also formed BACHAT GAT.

ANNUAL REPORT

GOPINATH PATIL PARSIK JANATA SAHAKARI BANK LTD

INTRODUCTION

Establishment Founder Set-up Branches Recognition Financial Assistance

FEATURES

RBI Control Interest on Deposits Granting of Loans Immediate Finance Less Procedure Issue of Shares

Branch Manager Mr.S.S.KATKAR with Group Members

PRESENT DEVELOPMENT

SMS Banking Facility

Rate of Defaulters

Core Banking Services

ATM Branches

SHAREHOLDER 65073

EMPLOYEE 467

DEPOSITS 1398.03 crore

LOANS 722.07 crore

PROFITS 20.72 crore

DIVIDEND 15%

AUDIT CLASS “A”

FACTS & FIGURE DETAILS (till 31-3-2011)

FUTURE PLAN

New Branches

Increase in Deposit

Net Banking Facilities

TDS Benefit

Dividend Provided

Voting Rights

BENEFITS TO SHAREHOLDERS

SCHEMES

Recurring Deposits Scheme

Fixed Deposits Scheme

Re-investment Deposits Scheme

FACILITIES TO WORKING STAFF

Increment in Daily Allowance

Interest Rate on Bank Deposits

Interest Rate on Housing Loan

Interest Rate on Vehicle Loan

.