ANNUAL REPORT FOR 2010 – 2011

• Department Of Co-operation
• Performance of the Department
• Agricultural Co-operative Credit Structure
• Integrated Co-operative Development Project
• Yeshaswini Cooperative Farmer’s Health Care Scheme
• Performance of the State Level Co-operative Federations
• Amendments to the existing legislation and plan scheme evaluation reports
• Human Resources Management and Administrative Activities
• Performance relating to Audit Observations and number of questions answered in Assembly

DEPARTMENT OF CO-OPERATION

Introduction

    The greatest challenge to any civilized society is the economic deprivation it harbours, in league with social deprivation.  It is inescapable that a collective war is waged to banish human deprivation from our midst.  No other organized set up can be more potent for this attack than building human capital among the deprived, through sustainable Cooperative Development Initiatives.  Congruity with human nature further enhances the value of such initiatives.  This principle is germane to the cooperative management in the Country and Karnataka in particular, which ensconces the basic human feeling of self-worth as its core.  The cooperative strategy goes deep into the realms of building financial capabilities and self confidence especially among the rural poor.

COOPERATIVE MOVEMENT IN KARNATAKA

     The State has witnessed tremendous growth in the cooperative sector.  Cooperative institutions have played a vital role in the socio-economic development of the State, particularly in the rural areas and in agriculture and allied sectors.  It is our firm belief and conviction that the Co-operative Institutions will continue to play a key role in the economic development of the country and will become more relevant in the changing economic environment of liberalization and globalization.
     Cooperative Movement is wide spread in all the developmental sectors like Credit, Marketing, Consumers, Silk Industry, Dairy, Fishery, Horticulture, Sugar, House Building, Constructions of godowns etc.

Vision :

To promote and encourage    the growth of self-reliant, autonomous and economically viable co-operatives through active participation of the members

Mission :

The mission of the department is :-
1. to take steps  to see that genuine co-operatives are organized and managed on sound lines as per the basic principles of co-operation. 
2.  to render guidance and assistance for the development of co-operative movement in the state to promote the economic interest and welfare of the people. 
3. to serve as a friend, philosopher and guide to all types of co-operatives.

Objectives :

1. Strengthen the credit delivery system to the farmers through PACS and sustain the PACS by effective implementation of business development plan.
2. Extend health care facilities to all the members of rural cooperatives.
3. Encourage active participation of women and  socially and economically backward sections of the society in the cooperative movement.
4. Strengthen the infrastructure and financial position of the cooperative societies with a district level integrated approach.
5. Modernize the office management for improved efficiency.

Functions :

1. Suggest suitable amendments to all the Acts and Rules administered by the   Department.
2. Regulate and guide the co-operative societies as per Co-operative Act and Rules.
3. Ensure that various developmental schemes pertaining to the co-operatives are effectively implemented.
4. Reform the process of settling claims under various developmental schemes.
5. Modernize the office Infrastructure and impart HRD-related training to all the personnel of the Department.

Organizational  Structure  of the Department :
            The Department at the Government level has a secretariat and a five tier field department comprising of the State, region, district, sub-division and taluka levels.  The field officers of the cooperation department are not only in charge of regulating the affairs of divisional, district and taluk level co-operatives but also  implementing the  departmental programmes and schemes.

Secretariat :
            The Department of Co-operation at the Government level  is headed by a Minister of cabinet rank.
   The Principal Secretary to Government, Department of Co-operation, looks after the working of the Departments of Co-operation, Co-operative Audit, Agriculture Marketing and the State Warehousing Corporation.  The department of co-operation at the Secretariat is responsible for policy making, planning, budgeting and for providing other support services to the co-operative sector.  It provides norms and broad guidelines for strengthening and consolidating the growth of co-opeatives.  It liases with Planning, Finance and other departments and with the Government of India.  It is the appellate authority under the KCS Act and Rules.  Government is also the appointing and disciplinary authority in respect of the officers of these departments.

State Head Quarters :
            The Registrar of Co-operative Societies is the Head of the Department of Co-operation.  He is also the Registrar General of Money Lenders and Pawn Brokers and the Registrar of chits.  He functions as the Registrar General under Karnataka Societies Registration Act 1960 with effect from 07-05-2008.  He exercises statutory powers under the KCS Act 1959, the Karnataka Money Lenders Act 1961, Karnataka Pawn Brokers Act 1961 and Chit Funds Act 1982.  The Registrar of Co-operative Societies is the Government’s nominee on the boards of Apex level Co-operatives such as the Karnataka State Co-operative Apex Bank, the Karnataka State Co-operative Agriculture and Rural Development Bank, the Karnataka Cooperative Milk Producers Federation, the Karnataka State Co-operative Marketing Federation, the Karnataka State Co-operative Federation etc.,

State, Regional, District, Sub-divisional and Taluk level :
            The powers of the Registrar have been delegated to the Additional Registrars and Joint Registrars in the Head Office, 4 Regional Joint Registrars of Co-operative Societies, 31 District Registrars of Co-operative Societies and 51 Assistant Registrars of Co-operative Societies based on the registered jurisdiction of the cooperatives.  These officers exercise statutory and administrative control over the co-operatives in accordance with the powers delegated to them and accordingly register, amalgamate, liquidate co-operatives, amend their byelaws, inspect the co-operatives, function as quasi judicial authorities and perform all other statutory duties.

           

The District Deputy Registrars  also function under the control of the Zilla Panchayats in so far as the implementation of the District sector  Plan Schemes are concerned.  The sub-divisional Assistant Registrar of Co-operative Societies are responsible for the implementation of the State Plan Schemes and the District Sectors Plan Schemes.  For implementation of plan schemes of the District Sector,  they work under the supervision of the Taluk Panchayats.  There are 159 Co-operative Development Officers and 122 Co-operative Inspectors to assist the sub-divisonal Assistant Registrars.

 

Acts and Rules implemented by Co-operation Department

1. Karnataka Co-operative Societies Act, 1959 and Karnataka Co-operative Societies Rules, 1960
2. Karnataka Moneylenders Act, 1961 and Karnataka Moneylenders Rules 1965.
3. Karnataka Pawnbrokers Act, 1961 and  Karnataka Pawnbrokers Rules 1966..
4. Chit Funds Act, 1982 and Chit Funds (Karnataka) Rules 1983
5. Karnataka Debt Relief Act 1980
6. Karnataka public money (Recovery of Dues) Act 1980.
7. Karnataka Agricultural Credit operations and Miscellaneous Provisions Act 1974
8. Karnataka Souharda Co-operative Act, 1997 and  Karnataka Souharda Co-operative Act  Rules 2004
9. The Karnataka Societies   Registration Act, 1960 and   Karnataka Societies   Registration Rules 1961
10. Karnataka Prohibition of charging exhorbitant  interest Act, 2004.

Basic Statistics

Sl. No	Particulars	2008-09	2009-10	2010-11
1	No.of cooperatives	34025	34863	35502
	C) of which working	29298	30112	30963
	D)of which defunct	2589	2588	2183
	E) of which liquidated	2138	2163	2356
2	Share Capital (Rs. in crores)	2786	3171	3479
	C) of which Govt	207	198	206
	D) of which Members	2579	2973	3274
3	Membership/in actuals	18788741	19904730	21533651
4	Working Capital (Rs. in crores)	32693.00	38249	41355
5	Deposits (Rs. in crores)	8620.00	11548	20360
6	No. of villages covered by co-operatives %	100%	100%	100%
7	No. of agricultural families in the State (2001 Census ) in lakhs	59.15	59.15	59.15
8	Adult population covered by the co-operatives (%)	77.60	77.60	77.60
9	No. of cooperatives under profit No. of cooperative under loss	18866 15159	19318 15545	-- --

 

PERFORMANCE OF THE DEPARTMENT

Allocation and expenditure for the year 2008-09, 2009-10 and 2010-11 under plan scheme (State Schemes)

f)  Financing:(Rs in lakhs) : 

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units)

 

f)  Financing (Rs in lakhs):

g)  Expenditure: (Rs in lakhs):

h) Physical Achievements: (Units----)

 

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units----)

 

f)  Financing (Rs in lakhs) :

 

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units----)

 

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units----)

 

f)  Financing (Rs in lakhs) :

 

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units----)

 

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units----)

a	Name of the scheme and year of introduction	Yashasvini, 2003-04
b	Budget head	2425-00-108-0-57
c	If Plan, the Central and State share is	0:100
d	Objective of the Programme/ Project/ Scheme/	To provide quality health care and improve the  living standards of rural cooperative members, thereby ensuring overall health and well being of the co-operative members.
e	Estimated benefit and number of estimated beneficiaries from the programme/project/ scheme	Free medical treatment for  1600 types of surgeries to the rural cooperators through 452 network hospitals. Improvement in health conditions, financial position and living standards of the members.

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : Units----)

a	Name of the scheme and year of introduction	Enrolment of Backward Class/Minority persons as members of all types of Cooperatives, 2006-07
b	Budget head	2425-00-108-0-58
c	If Plan, the Central and State share is	0:100
d	Objective of the Programme/ Project/ Scheme/	The Scheme aims at enrolling the people belonging to BCM/ Minorities as members in all types of co-operative societies, thereby enabling them to obtain the facilities made available by a co-operative society. Financial assistance equivalent to the value of one share or Rs.500/-, whichever is less is sanctioned.
e	Estimated benefit and number of estimated beneficiaries from the programme/project/ scheme	Economically weaker sections of the people belonging to BCM/ Minorities will be able to obtain the facilities made available by the respective co-operative societies which will uplift them socially/financially.

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units)

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units)

a	Name of the scheme and year of introduction	Financial assistance to SC/ST/BCM/Minorities Cooperative Societies, 2009-10
b	Budget head	2425-00-108-0-62
c	If Plan, the Central and State share is	0:100
d	Objective of the Programme/ Project/ Scheme/	To Provide financial assistance to SC/ST/Backward Class/ Minority Cooperative Societies to create infrastructure and assets.
e	Estimated benefit and number of estimated beneficiaries from the programme/project/ scheme	The beneficiary societies will be able to increase their business and thereby  achieve their objectives.

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units)

 

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units)

 f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : (Units)

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) :

h) Physical Achievements : Units----)

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs) : 

h) Physical Achievements : (Units)

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs):

h) Physical Achievements : (Units)

f)  Financing (Rs in lakhs) :

g)  Expenditure: (Rs in lakhs):

h) Physical Achievements : (Units)

Sources of Income of the Department:

Since the Department of Cooperation is considered as a "Development Department", the sources of income of the Department are not many and the progress made during the last two years are shown as under.

Receipts year  wise (Rs. in lakhs)

Sl.N	Particulars	2009-10	2010-11
1.	Interest from Co-operatives	61.56	123.97
2.	credited by Coops	62.73	89.60
3.	Copying charges	5.71	2.67
4.	Execution fee	97.43	209.17
5.	Fees under M.L. Act	175.88	337.98
	Fee under Chit Fund rules	36.51	199.78
6.	Registration fees of co-operative societies and Amendment of Bye-law fees	11.93	35.27
7.	ABN fees & other items	189.80	170.17
8.	Registration fee under Souharda Act	8.32	9.83
9.	Registration of Societies fees	630.24	781.19
Total		1280.11	1959.63

 

Karnataka Societies Registration Act 1960

 

The regulatiion of societies under the Karnataka Societies Registrration Act of 1960 which was with the Revenue Department has been transfered to Cooperative Department on   7-5-2008. 1,22,726 societies are registered under this Act.  Under this Act, the revenue collected during the last three years as follows: 1. 2008-09   Rs. 487.54 lakhs 2. 2009-10   Rs.  630.24 lakhs 3. 2010-11   Rs.  781.19 lakhs

 

 

 

 

Agricultural Co-operative credit Structure

          In the short term credit structure, out of 4848 PACS in the state 4500 PACS are functioning. In addition to this, there are 21 District Cooperative Central Banks (DCCB) with 596 branches. Karnataka State Co-operative Apex Bank is functioning as state level financial institution.
      
     Karnataka state cooperative Agriculture and rural development Bank (KASCARD) at the State level and Primary cooperative agriculture and rural development bank at the taluk level numbering 177 cater to the long term credit needs in the two tier credit delivery system.       

The National bank for Agriculture and Rural Development (NABARD) provides refinance to the Apex bank and KASCARD Bank.

Agicultural loan disbursement and kisan credit cards

Agricultural Loans disbursement from 01-04-2010 to 31-03-2011
                                                                                                                                                  ( In Lakhs)

The funds involved by various institutions in the Short term  agricultural loans disbursed through PACS is as follows :

 

Performance of short term, medium term and long term credit structure in the Karnataka, from 2008-09- to 2010-11
   ( Rs.in lakhs)

 

 In the 11th  five year plan, Rs.1528181.86 lakhs of  agicultural loans has been disbursed as against the target of Rs. 2165010.00 lakhs achieving 70.58 % .There is a target of providing agricultural loans of Rs.6,00,000.00 lakhs during 2011-12.
            As on 31-3-2011, the short term(ST) , medium term(MT) and long term (LT) loans issued by the co-operative credit system in the state was Rs. 446890.00 lakhs, 23233.00 lakhs and 18600.89 lakhs respectively achieving 107.65% as against the annual target.          

The scheme of disbursing loans to the farmers through Kisan Credit Cards was started from the year 1997-98. As on 31-03-2011, 19,77,714 KCC cards has been distributed and 13,42,456 farmers are covered under Personnel accident insurance scheme.

Recovery of loans

The comparative position  of recovery of short, medium and long term loans under the cooperative credit system in the state for the years from 2008-09 to 2010-11 is presented in the following table.
                                                                            ( Rs.in crores)

 

1. Interest subsidy on Agricultural Loans disbursed at 3 % :-

     The scheme of advancing agricultural and allied loans to the farmers at 3 % through Cooperative credit institutions has been implemented from 01-04-2008.  The Government is providing interest subsidy at prescribed rate to the concerned institutions. An amount of Rs. 27700.00 lakhs has been earmarked to implement the scheme in the budget for 2010-11 and the entire amount released by Government has been released to 14,76,251 farmers through concerned cooperative institutions.

      

An amount of Rs. 13100.00 lakhs has been released to 100281 SC beneficiaries under the SCP programme and Rs. 1094.00 lakhs has been relased to 77035 ST beneficiaries under TSP  programme and 100 % progress achieved in utilizing the fund allotted fo SC/ST

Budget allocation in the said scheme during the last 3 years
                                                                       (Rs. in lakhs)

Funds released by Govt to Fishermen and Weavers under the said sheme is as follows
                                                (Rs. in lakhs)

II Formation,  Fresh Finance and Repeat Finance of Self help groups                             
 ( Rs in lakhs)

Interest subsidy to Self help groups :-

The scheme of advancing loans to self help groups in Karnataka at 4 % has been implemented from 01-04-2007. The Government is providing interest subsidy at 9.5% to PACS and 7.50% to DCC Banks on the loans disbursed by these institutions. During the year, an amount of Rs. 41002.00 lakhs of loans has been disbursed to 34053 groups and Rs.1063.00 lakhs of interest subsidy has been released.

Budget allocation during last 3 years in the above scheme
           (Rs in lakhs)

 III Details of loans given to fishermen and weavers
 ( Rs. in lakhs)

	Details of loan	No of benificiaries	Loans disbursed	Loans disbursed to SC and ST
				No	Amt
2008-09 During the year 2008-09
1.	weavers	3141	2184.00	-	-
2.	fishermen	3789	653.00	-	-
2009-10 During the year 2009-10
1.	weavers	4763	3166.00	146	80.00
2.	fishermen	328	240.00	7	80.00
2010-11 During the year 2010-11
1.	weavers	107	423.00	-	-
2.	fishermen	-	-	-	-

IV REVIVAL PACKAGE FOR SHORT TERM CO-OPERATIVE CREDIT STRUCTURE:

In order to strengthen the short term co-operative credit structure in the State, the Govt of Karnataka has signed the Memorandum of Understanding with Govt. of India and NABARD on 25-03-2008 for implementation of the revival package formulated by the Government of India based on the recommendations of the task force headed by Prof. A. Vaidyanathan. In view of the above, the State level implementation committee (SLIC) under the chairmanship of the principal secretary to the Govt. Finance department has approved Rs.769.87 crores as the amount under this package pertaining to 4473 PACS coming under the jurisdiction of all DCCBs as on 31-3-2011.

Sl.No		No of PACS	Category	Total Revival package Amount
				GOI Share	GOK Share	PACS Share	Total
1	2009-10 First installment	1834	A Group	139.74	39.53	23.00	202.27
2	2010-11 Second installment	1459	B Group	201.62	25.97	17.84	245.43
3	Third installment	960	C Group	215.17	21.22	28.47	264.86
4	Ineligible PACS	220	-	45.6	5.17	6.54	57.31
Total		4473	A,B,C,D PACS	602.13	91.89	75.85	769.87

• The assistance earmarked for 220 PACS which come under ineligible category is  Rs.50.77 crores (GOI Rs.45.60 crores and GOK share Rs.5.17 crores).  The decision on releasing the above said amount will be taken by SLIC.
• The PACS share of Rs.75.85 crores to be adjusted by the PACS after improving the resources using their own capital by adopting Business Development Plan.
• The GOK has made budgetary provision of Rs.91.89 crores towards Revival Package during 2010-11.
• For the year 2009-10, the amount of Rs.202.27 crores has been released to 1834 ‘A’ category PACS on March-2010 through respective DCCBs, towards the assistance under the package.
• For the year 2010-11, the amount of Rs.245.43 crores has been released towards 1459 to ‘A’ category PACS of Bidar, South canara and Udupi and the remaining all B and a few ‘C category PACS in March-2011 through respective DCCBs and the remaining portion of second instalment  amount of Rs.264.86 crores has also been released to 960 PACS of the remaining ‘C’ category in April-2011 through respective DCCBs.
• Among all DCC Banks, the two weak banks, viz, KCC Bank Ltd., Dharwad and Kolar DCC Bank Ltd., have got Rs.126.81 crores and  Rs.69.09 crores  respectively under the revival package. As a result of this, these two DCCBs have become currently viable and have complied with Section 11 of the Banking Regulation Act. This recapitalization assistance has been utilized effectively for the strengthening of short term credit structure by adopting the Development Action Plans (DAP) for DCCBs and Business Development Programmes (BDP) for PACS to become economically vibrant and sustainable in 3 years.

   

Sl No	Particulars	Pre–implementation  ( 31-03-2010) (1-4-2009 to 31-3-2010)	Post–implementation (31-03-2011) (1-4-2010 to 31-03-2011)
1.	No of PACS in the State	4613	4848
2.	No of PACS selected for BDP	4403	4506
3.	No of societies which have attained current viability No of societies which have attained sustainable viability	1877 1097	Information under preparation.
4.	Total Deposits mobilized by PACS	1869.89 crores	3102.32crores (+1232.43 cr)
5.	Total Credit Business of PACS	4305.98 crores	6898.95 crores (+2592.97Cr)
6.	Non credit Business of PACS	668.58 crores	1248.67 crores (+580.09Cr)

Integrated Cooperative Development Project 

Objective of the Programme/Project/Scheme:

Integrated Cooperative Development Project sponsored by the National Cooperative Development Corporation is being implemented through the Department of Cooperation in Karnataka. Under this Scheme, financial assistance in the form of loan, share capital and subsidy will be provided to Cooperative Institutions for creation of infrastructure facilities like construction of new godowns, renovation of godowns.  Project  aims at overall development of the districts through  cooperative  efforts in the sphere of agricultural and allied activities like Fisheries, Poultry, Dairy, Handloom, Horticulture Industries etc., In brief,  this Project  aims at  all round development of the cooperatives to cater to the needs of rural community. 
In Karnataka ICDP is already implemented in the districts of Bangalore (Rural), Chikmagalur and Chitradurga Districts.

Now it is being implemented in Gulbarga district (2006-2011) at a total cost of Rs.13.99 crores.

Integrated Cooperative Development Project in Gulbarga:

         Gulbarga Distict has been selected for Integrated Cooperative Development Project for the period 5 years from 2005-06 to 2010-11 with a total plan assistance of Rs.1398.67 lakhs. Up to 31-3-2009, Rs.1050.30 lakhs have been released. For the year 2009-10, Rs.214.95 lakhs has been released and for the year 2010-11, Rs.133.38 lakhs has been released.

      It is proposed to extend ICDP projects to other districts of the state.   Already proposal to implement ICDP in Bijapur and Bellary districts from 2011-12 is under consideration of the Government.

Yeshasvini Co-operative Farmers Health Care Scheme (as on March 2011)

       YESHASVINI which is a unique Cooperative Health Care Scheme launched for the first time in the world is meant for the farmers and their families who are members of the Cooperative Societies. Its aim is to ensure good health for the farmer cooperators of Karnataka.
            With a meagre sum of Rs. 140.00 and service charges Rs.10.00, i.e., Rs.150.00 per year, a farmer / co-operator in Karnataka can now confidently face any complex health related challenge, get top class treatment and have access to expensive medical/surgical procedures.

             Launched on 1st June 2003, the scheme has helped the State to revolutionize rural health care and healing.     

• Upper age limit to avail the benefits of the scheme is 75 years.
• A member can avail free surgery costing upto Rs.1.00 lakh per surgery and Rs.2.00 lakhs for multiple surgeries in one year.
• 1,600 types of surgeries have been included in the Yeshasvini Scheme. 

Specified Medical Emergency:  
a)     Drowning, dog bite, snake bite, bullgore injury, burns, electric shock, accident from agricultural implements.
b)     Normal delivery
c)     Neonatal Care

            Government has extended the benefit of Yeshasvini Scheme not only to the farmers, weavers and fishermen but to all the members of the Co-operative Societies in the rural areas. That means all the members of all Cooperative Societies in the rural areas and even in some occasion, if the members are residing in the rural area having membership in the Cooperative Society of city head quarters are also elegible to avail the benefit of the Scheme.   
 
  A beneficiary enrolled under the scheme can get three facilities:
a) free outpatient consultation.
b) diagnestic tests at concessional rates.
c) free surgery upto a limit of Rs.1.00 lakh per year/per surgery and of limit of Rs.2.00 lakhs in the case of multiple surgeries.
 

     For the period 2010-11, 1,98,705 cooperative members have been benefitted under this scheme 57,214 beneficiaries have under gone surgeries and 1,41,491 have been treated as out patients.The Government of Karnataka has sanctioned Rs.30.00 crore and released Rs.30.00 crores for the year 2010-11 under this scheme.

The Karnataka State Co-operative Apex Bank Ltd., Bangalore

        The Karnataka State Co-operative Apex Bank, established in 1915 is earning profit since inception. As on 31-03-2011 the bank has own funds of Rs.41.40 crores, working capital of  Rs.7310.46 crores and  deposits of Rs.4646.67 crores.

Karnataka State Co-operative Agricultural & Rural Development Bank Ltd.,
      The Karnataka State Co-operative Agriculture and Rural Development Bank raises resources required for its loaning programme through floating of debentures. For these debentures Registrar of Co-operative Societies is the trustee. 

 As on 31-03-2011 the bank has share capital of Rs.49.80 crores, Government share capital of Rs.4.45 crore and working capital of Rs.1889.67 crore.

 Urban and Semi Urban cooperative Banks

Urban Cooperative Banks and Non Agricultural Credit Cooperative Societies cater to the needs of non agricultural credit.  The Urban Cooperative Banking Sector in the State has achieved tremendous progress in the Banking Sector and has acquired third place in the country.  Apart from Urban Cooperative Banks, Non-Agricultural Credit Cooperative Societies and Employees Credit Cooperative Societies are also functioning and have played a significant role in advancing loans.  As on 31-03-2011, there are 319 urban banks and 3175 credit co-operative societies with a membership of 5862000 members and working capital of Rs.25839.56 crores.

Women Urban Cooperative Banks
      Among the above Urban Cooperative Banks, there are 28 banks organized exclusively for women. The organization and development of women cooperative banks has occupied the second place in the country.

TheKarnataka State Cooperative Urban Banks Federation Ltd,. Bangalore .

           The Karnataka State Cooperative Urban Bank’s Federation registered during the year 1965 with Primary Urban Cooperative Banks as its members, is providing institutional assistance to its members.   There are two separate Joint Registrars of Cooperative Societies U/R 441  exclusively to resolve disputes pertaining to Urban Banks.