The  Kanara  District  Central  Co-operative  Bank  Ltd.,  Sirsi  established  in  the  year  1920  for  the  sound  and  economic  development of Uttara  Kannada  District  has  now  stepped  into  94th  year  of  success.  Bank  has  run  in  profit  throughout  and  the  Audit  Classification  “ A “.  Our  Bank  is  the  first D.C.C. Bank  licensed  by  Reserve  Bank of  India  and  rewarded  for  overall  best  performance  by  NABARD  and  Apex  Bank  for  33  times  in  last  37  years.  NABARD  has  awarded  cash  prize  of  Rs. 5.00  Lakhs  for 2  consecutive years  and  Rs. 1.50  Lakhs  for  2000-2001  for  best  performance.  Apex  Bank  has  awarded  prize  for  2006-07  for  good  performance  and  for  having  run  in  “A” Class.  Bank  has  13  taluka  level  branches  and  36  rural  branches  in  the District.


Membership  coverage  is  as  follows 

1)

Primary  Agriculture  Co-operative  Societies    

164

2)

Employee  Societies

30

3)

Industrial  Societies

38

4)

Urban  Societies     

96

5)

Labour  Societies    

36

6)

Marketing  & Processing Societies

17

7)

Fisheries  Societies            

29

8)

Consumers  Societies

33

9)

Milk  Societies         

69

10)

Other  Societies 

49

 

TOTAL

561

 

            ‘ C ‘ Class  Share  Holders                                                    9372

 

MEMBERSHIP  FOR  LAST  5  YEARS 

Particulars  2010  2011  2012  2013  2014
Societies 568 565 565 564 567
Associate Member 3433 3767  5141  7434 9372

 


PROGRESS DETAILS

 

Performance details for last 5 years are as follows (Rs in lakhs)

Year

Share Capital

Reserves

Deposits

Working Capital

Net Profit

Loan Outstanding

2009 &10

1710.41

5288.62

60303.03

73737.81

+ 205.65

42255.53

2010 &11

1796.30

6016.64

65022.33

82603.16

+ 239.40

46322.32

2011 &12

2046.38

6346.51

77682.27

105882.42

+285.39

58483.04

2012 &13

2488.65

6749.76

92125.98

125450.94

+340.85

71228.12

2013 &14

2833.46

7129.73

109915.27

145232.18

+395.32

83676.78

 

 

 

SHARE  CAPITAL 

 Share  Capital  is  increased  for  Rs. 1710.41 lakhs to Rs. 2833.46 lakhs during  2010  to  2014 with  an average  increase  16.41%  per  year

 

 

RESERVES

 Total  Reserves  is  increased  from  Rs. 5288.62  lakhs  to  Rs. 7129.73 lakhs  during  2010  to  2014 with  an average  increase  8.70%  per  year.

 

 

DEPOSITS 

 Total  Deposit  is  increased  from  Rs.60303.03  lakhs  to  Rs. 109915.27  lakhs  during  2010 to  2014 with  an average  increase  20.57%  per  year

 

 

 

WORKING  CAPITAL 

 Working  Capital  is  increased from  Rs. 73737.81  lakhs  to  Rs. 145232.18  lakhs  during  2010  to  2014 with  an average  increase  24.24%  per  year.

 

 

LOANS  OUTSTANDING  

 Loan  Outstanding  is  increased  from  Rs. 42255.53  lakhs  to  Rs. 83676.78  lakhs  during  2010  to  2014 with  an average  increase  24.51%  per  year.

 

 

NET  PROFIT 

 Net  Profit  is  increased  from  Rs. 205.65  lakhs  to  395.32  lakhs  during   2010-2014 with  an average  increase  23.06%  per  year.

 

AGRICULTURAL  LOAN  DISBURSED 

 Agriculture Loan disbursement is increased in 5 years. (Rs in lakhs)

 

 

 

TARGET  AND  ACHIEVEMENT  IN  AGRICULTURAL  LENDING (Rs in lakhs)

Particulars 2010 2011 2012 2013 2014
Target 12100 13000 17000 25000 31000
Achievement 15283.51 15567.46 22787.73 27180.92 33671.1
Out of which % loan disbursed to Small & Marginal farmers 72.15 72.32 72.46 73.55 73.96

 

Achievement  is  more  than  the  target  fixed  for  all  these  years.  Agricultural Loans provided to Small Farmers were more than 73.96%

 

 

 

 

 

 

 

LOANS DUES FROM CO-OPERATIVE SOCIETIES FOR LAST 5 YEARS (Rs in lakhs) 

Particulars

2010

2011

2012

2013

2014

Agril Loans to Societies

15147.37

14686.28

25498.52

32306.05

30324.82

Non Agril Loans to Societies

11954.98

13182.89

9652.07

10149.27

17806.26

Total

27102.35

27869.17

35150.59

42455.32

48131.08

Out of which Agril Loan outstanding % 

55.89

52.70

72.54

76.09

63.00

Society Loan Outstanding   is increased from Rs. 27102.35 lakhs to 48131.08 lakhs during 2010-2014.  

 

S.H.G.  IMPLEMENTATION    

Bank  has  given  preference  in  implementing  the  scheme  for  creation  of  SHGs  and  lending  as  per  the  guidelines  of  Central  Government  and  NABARD.  Our  Officials  are  being  deputed to  the  various  trainings  conducted  by  Apex  Bank  and  NABARD  for  this  purpose.

 

Our Achievement in SHG Levels is as follows:- 

SHGs formed 

6859

Deposit Level at SHGs                          

1452.42 lakhs

SHGs to which loan is provided              

4666

Of which women SHGs 

3266

 

COMPUTERISATION 

             All our 49 branches are working under CBS and new technologies like RTG/NEFT and inter branch transactions have been implemented in our all branches. ATM service, internet banking, mobile banking and sms alert services will be started shortly.

 

D. A. P  

             Bank  has  prepared  Development  Action  Plan  for  5  years  for  1994-95  to  1998-99  and  has  signed  the  MOU.  This  scheme  is  subsequently  extended  till  2006-07  and  then    for  2006-07  to  2011-12.

             Bank  Staff  are  being  deputed  often  for  training  by  NABARD / Apex  Bank  for  effective  implementation  of  DAP.

  

BDP

            164  PACS  out of  166  PACS in  the  District  are  selected  under  B.D.P..  Ours is the first D.C.C.  Bank  who  has  covered  all  the eligible  PACS  under  B.D.P..  Implementation  of  B.D.P  is  helped  the  PACS in  increasing  their  business  and  achieving  self  reliance  in  providing  better  service  in  the  rural  area.

 

 

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