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  0 Title of Research work  : Financial Performance of District Central Cooperative Banks in Punjab Name of Scholar:  Priya Goel Subject: Management (Finance) Registration No:   090299900251 a) Name of Guide : Dr. Anindita Chatterjee Assistant Professor Faculty of Management Studies Manav Rachna International University Faridabad b) Name of Co Guide:  Dr. Devendra Pathak Vice Chancellor APG Shimla University Himachal Pradesh    1 Index Contents Page No. 1. ABSTRACT 2 2. INTRODUCTION 3-5 3. REVIEW OF LITERATURE 5-15 4. OBJECTIVES 15 5. RESEARCH METHODOLOGY 15 6. TENTATIVE CHAPTER PLAN 17 7. REFERENCES 18-20 8. ANNEXURE-I 21  2 Financial Performance of District Central Cooperative Banks in Punjab Abstract: The Indian cooperative banks have a unique position in the rural credit delivery system of India. Challenges before the cooperative banks are two folds, on the one hand they are supposed to provide cheap and timely credit to rural masses and on the other hand they have to ensure their profitability and viability in turbulent interest regime. To be able to create a balance between their social objectives and economic compulsions, these banks were needed to change working strategy. So as a result, cooperative banks have diversified their areas of operation. Business diversification process in cooperative banks started in the year 1992. A need was felt to conduct a study to know the impact of diversification on banks. For the purpose of study, The Punjab state has been divided into three homogeneous agro-climatic zones on the basis of cropping pattern, soil texture, soil quality, rainfall, underground water, etc. The sampling design of the study will be based on multistage random sampling technique. Two District Central Cooperative Banks from each zone will be selected randomly. 100 bank officials and an equal number of borrowers from all selected District Central Cooperative Banks will be randomly selected for studying the perceptions of bank officials about non performing assets and of borrowers, the factors determining their repayment performance. Primary as well as secondary data will be collected. The secondary data will be related to advances outstanding and non-performing advances for the period of 2001-2012 ending on 31 st  March. For the purpose of primary data collection, two separate questionnaires will be developed, one for bank officials and the other for borrowers. Key Words-  District Central Cooperative Banks in Punjab, non performing assets, diversification of banks, repayment performance.  3 Financial Performance of District Central Cooperative Banks in Punjab INTRODUCTION An important segment of the Indian banking set-up is the cooperative banking system. A cooperative bank is a credit agency with democratic management, responsiveness to felt needs and local participation. In cooperative parlance, a cooperative is an organization of individuals, which intends to promote economic interest of members. The cooperative banking system aims at mobilization of savings from the middle-income groups and meet credit requirements of the middle and economically weaker sections of the society. The Cooperative Credit Societies Act passed in 1904, paved the way for the establishment of cooperative credit societies in rural and urban areas. The Cooperative Societies Act of 1912 recognized the formation of non credit societies and the central cooperative organizations. The state patronage to the cooperative movement continued even after 1947, the year in which India accepted the concept of planned economy and cooperative organizations were assigned an important role. Various committees appointed to examine the problem of rural credit, came to the same conclusion. Without exception, there is no alternative, to cooperatives at the village level, in the Indian context Indian planners considered cooperation as an instrument of economic development of the disadvantaged, particularly in the rural areas. The non-exploitative character of cooperatives, voluntary nature of membership, the principle of one man-one vote, decentralized decision making and self imposed curbs on profits, eminently qualified them as an instrument of development combining the advantage of private ownership with public good. Since 1950s the cooperation in India has made remarkable progress in the various segments of Indian economy. During the last century, the cooperatives have entered sectors like credit, production, processing, marketing, housing, warehousing, irrigation, transport, textiles and even industries. Today India can claim to have the largest network of cooperatives in the world numbering more than half a million, with a membership of more than 200 million. The rural cooperative credit institutions may be further divided into short term credit cooperatives and long term credit cooperatives. At the central level (District level) District Central Cooperative Banks (DCCB) function as a link between Primary Societies and State Cooperative Banks (SCB). As against three tier structure of short term credit cooperatives, the long term cooperative credit structure has two tiers, in many states with Primary Cooperative Agricultural and Rural Development Banks (PCARDB) at the primary level and State Cooperative Agricultural and Rural Development Bank at
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