1

Lecture-Points on Functions of Bihar State Co-operative Bank Ltd.

S.S. Sinha Dy. Gen. Manager Bihar State Co-operative Bank Ltd. 1. Short Term Co-operative Credit Structure: BSCB DCCBs "#CS Me'(ers o) "#CS 2. Brief Histor .o/ndation 2egn. 3o. ,nitia5 3a'e 3a'e changed in ,nc5/sion in Second sched/5e o) 2B, Separation o) B,SC6M#73 .o/nder Me'(ers Mahara8a Bahad/r G/r/ Mahadev Sharan "rasad Shahi +9ath/a 2a8a Bahad/r :ritya 3and Sinha; +Banai5i 2ai Bahad/e 9arihar "rasad 3arayan Singh +D/'raon 2a8a ".C.La5 +"/rnea ,nitia5 ./nds Share Capita5 2eserves Deposit <orking Capita5 *.$1 *.*1 2.44 2.% +2s. in 5acs10.*1.1%14 20&41%11-14 +Societies #ct +ii- o) 1%12Bihar & 6rrisa "rovincia5 Co-op. Bank 1%10-1& Dece'(er 1%$* !/5y 1%00 !/ne 1%$ 14 Branches 22 Bihar & - !harkhand $%$$Bihar & $2& !harkhand $ 21*** +,n Bihar-

Separation o) 6rrisa )ro' Bihar

#pp5ication o) B.2.#ct to Co-operative Banks - *1.*1.1%00

Loans ,ss/ed 2ecovery !. "em#ership DCCBs #pe= Bank G6B &. Board CCBs 6thers Govt>s no'inee ?en/re 1* 1 1

0.*& 4.$ $%

'dministrative Structure 1& Me'(ers 11 1 1 $ @ears

De)a/5ter a(ove three 'onths 3ot e5igi(5e )or e5ection Managing Director +,.#.S.Genera5 Manager Dy. Gen. Manager4Depart'enta5 9eads +"&#; #cco/nts; .in. +#gri.-; .in. +3on-#gri.-; 92D; ".D.2.; ,nspection and B.D.D. #sstt. Gen. Manager Manager Dy. Manager #sstt. Manager Sta)) 6))icer #ssistant C5ass ,A (. Present Financia) Position *+s. in crore, Share Capita5 2eserve & "rovisions 7ndistri(/ted pro)it 1 .1* 2*&.%1 $.41

6Bned ./nd Deposit BorroBing <orking ./nd ,nvest'ent Loans and #dvances 64s Loans iss/ed d/ring year "ro)it d/ring the year 3etBorth $. *', Functions -perationa) Functions: Deposit Mo(i5iCation BorroBing Lending #gric/5t/re thro/gh CCBs

111.44 %1%.1 1*%.*$ 14&0.%4 0 %.4& $02.1& 2 %.4& 0 .41 %*.20

+S.B.; C.#; ?.D.; L.D.; D.D.S.3#B#2D; 2B, and G6B

3on-#gric/5t/re thro/gh (ranches49.6. Scheme 6verdra)t Cash Credit Cons/'er Loan "ersona5 Loan 9o/sing Loan S.2.?.6. Loan Aehic5e Loan Ed/cation Loan ,nvest'ent Govern'ent46ther sec/rities ?.D. Bith other Banks ?rading /nder G.Sec. ,ss/e o) D.D.s #,M#S; tie /p Bith ,DB,. +-. 14.**D 12.$*D 12.**D 12.**D .$*D 12.**D 11.**D 12.**D

Consorti/' .inance +.ood Corporation-

*B,

,ss/e o) Bank g/arantee4Letter o) credit Corporate #gency L,C & G,C

-ther Functions/+o)es S/pervisory contro5 over CCB4other inde(ted societies +Section 1& o) Societies #ct Co-ordination Bith 3#B#2D4Govern'ent o) Bihar-. G/idance to CCBs in preparation to D#"4M67. G/idance to CCBs in preparation o) #ction "5an and app5ication re5ating to e=e'ption )ro' Section 11 +1-. Capacity (/i5ding o) CCBs +i'p5e'entation o) "r/dentia5 3or's-. Strengthening o) "#CS4L#M"S at grass root 5eve5s. Ens/re reg/5ar pay'ent o) D,CGC pre'i/' (y BSCB4DCCBs.

0.

+o)es and responsi#i)ities of 'udit ?o oversee each and every activities4)/nctions Bith specia5 thr/st on the )o55oBingF #dherence to 2/5es and 2eg/5ations in respect o) deposit; 5ending; invest'ent etc. Doc/'entation in 5ending. E=pendit/re as per r/5es and 5i'its sanctioned (y co'petent a/thority. "revention o) Leakage o) inco'e4reven/e. ?oken checking o) ,nterest paid and ,nterest received. #55 other aspects re5ating to "4L acco/nt. "reparation o) Ba5ance Sheet and "4L acco/nt as per 2B, sched/5e4)or'at and certi)ication o) the sa'e. "hysica5 veri)ication o) cash; stationeries; Dead stock; ,nvest'ent scripts etc. ?o ascertain Ba5ance Bith other Banks.