A Study of Priority Sector and Cooperative Banks in the State of Maharashtra

Abstract

A study of Priority sector lending by selected cooperative banks in the state of Maharashtra that get the lending policy of different cooperative banks and to understand the role function structure and as well as their progress and performance these banks generally provides their members with a wide range of banking and financial services these banks differ from stock holders banks their organization goals values and governance to encourage and promote thrift and mutual help for the development of person agriculturists artisans and their segments It was also aimed to at concentrate the efforts of in releasing the exploited classes out of the clutches of the money lenders and the functions of cooperative banks are generally that self employment industries small scale unit’s home finance and consumer finance the main intention behind the central bank and the central policy of cooperative banks that they should protect the depositors interest as well as the reduce the financial risk to put in place strong regulatory norms at entry level and sustain the operations efficiency of cooperative banks in a competitive environment and its fund for obtained from share capital, deposits, loans and overdrafts from central bank of India today their scope of cooperative banks operations has widened considerably and to support the financial requirements of people cooperative banks are categorized at various dimensions and various levels and the conclude that the principal of the cooperative banks are that voluntary and open membership, democratic member control, member economic participation, autonomy and independence, education training and information co-operation among the co-operative the cooperative banks getting the biggest problem is that they have dual regulation right now they goons to turn in small finance banks and they and some of how the cooperative banks to merger to strong one and Nachiket Mor committee is recommended to maximum cooperative banks should either to abolished or convert to small finance banks.