Research Article | Open Access
A Study on the Financial Performance of Chithradurga District Central Co-operative Bankof Karnataka
Kedaranatha Swamy R., Dr. Ravindranath N. Kadam
Pages: 292-299
Abstract
The banking sector helps provide agricultural loans and promote rural development. Due to their wide branch network and coverage, cooperative banks have become renowned institutions that can reach remote corners of the country. Rural financing relies heavily on cooperative banks. Cooperative banks, with their large networks and widespread presence in remote regions, have a significant impact on the Indian economy, particularly in promoting banking among low- and middle-income people and rural credit provision. For almost a century, the co-operative credit system has provided rural areas with vital financial infrastructure, frequently considered the nation's core socio-economic mechanism. An Analysis of DCC Bank Chithradurga's Recuring Deposits and Other Liabilities from 2015-16 to 2021-22 and Barrowings and Investments Analysis From 2015-16 until 2021-22. The research used only secondary data. Secondary data came from Apex Bank, Bangalore publications, District Central Co-operative Bank Chitradurga annual reports, publications, and office records, books, journals, and websites. Systematic and scientific data analysis and presentation. We tabulated and graphed the data. Proportion, average, AGR, CAGR, standard deviation, coefficient of variation.
Keywords
Assets, Barrowings, Branch network ,Co-operation, Investment, Liabilities