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  • Function of SDCC Bank

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    ASIT EKKA
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    The document outlines the functions of a District Central Cooperative Bank (DCCB) which include meeting the credit requirements of member societies, performing banking business, acting as a balancing center by diverting surplus funds from some societies to others in need of funds, undertaking non-credit activities, maintaining close contact with and providing guidance to Primary Agricultural Credit Societies (PACS), supervising and inspecting PACS, and providing a safe place for PACS to invest their resources.

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    function of sdcc bank

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    The document outlines the functions of a District Central Cooperative Bank (DCCB) which include meeting the credit requirements of member societies, performing banking business, acting as a balancing center by diverting surplus funds from some societies to others in need of funds, undertaking non-credit activities, maintaining close contact with and providing guidance to Primary Agricultural Credit Societies (PACS), supervising and inspecting PACS, and providing a safe place for PACS to invest their resources.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    39 views1 page

    Function of SDCC Bank

    Uploaded by

    ASIT EKKA
    The document outlines the functions of a District Central Cooperative Bank (DCCB) which include meeting the credit requirements of member societies, performing banking business, acting as a balancing center by diverting surplus funds from some societies to others in need of funds, undertaking non-credit activities, maintaining close contact with and providing guidance to Primary Agricultural Credit Societies (PACS), supervising and inspecting PACS, and providing a safe place for PACS to invest their resources.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    FUNCTIONS OF DCCB

     To meet the credit requirements of


    member societies.
     To perform banking business.
     To act as balancing centre for the PACS by
    diverting the surplus funds of some
    societies to those which face storage of
    funds.
     To undertake non-credit activities.
     To maintain close and continuous contact
    with PACS and provide leadership and
    guidance to them.
     To supervise and inspect the PACS.
     To provide a safe place for the investment

    of the resources of PACS.

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