Customer awereness of product and

services provided by the Gavisiddeshwara

urban Co–operative Bank in koppal
 CONTENT

SL DETAILS PAGE
NO NO
1 LIST OF CONTENTS
DECLARATION
CERTIFICATE
ACKNOWLEDGEMENT
LIST OF TABLE AND CHART
2 CHAPTERS
CHAPTER:1 Research design
CHAPTER:2 Company profile
CHAPTER:3 Theoretical framework
CHAPTER:4 Data analysis and interpretation
CHAPTER:5 Summary finding suggestion
3 BIBLIOGRAPHY

CHAPTER 1
 RESEARCH DESIGN

1.1 Introduction
1.2 Objectives of study
1.3 Scope of the study
1.4 Source of data
1.5 Sample design
1.6 Limitation of the study
1.7 Chapter scheme

1.1 INTRODUCTION
 A cooperative (“coop”) or cooperative (“co-op”) is an autonomous
association of person who voluntarily cooperate for their mutual social. Economic, and
cultural benefit. Co-operatives include non profit community organizations and business that
are owned and managed by the people who use its services (a consumer cooperative ) or by
the people who work there (a worker cooperative) or by the people who live there (a housing
cooperative) hybrid such as worker cooperatives that are also consumer cooperatives or credit
unions.

The international cooperative alliance was the first international association

formed by the movement. It includes the world council of credit Union. In the United States,
the National co-operational Raiffeisen Union. In the United states National cooperative
Business Association (NCBA) serves as the sectors oldest national membership association.
It is decided to ensuring that cooperative businesses operating in the country and that
consumers Bank was formed in the 1970s. by 2004, a new Federation of Worker
Cooperatives.

Cooperatives traditionally combine social benefit interests with capitalistic property-right

interest. Cooperatives achieve a mix of social and capital purposes by democratically
governing distribution questions by and between equal by not controlling members.
Democratic oversight of decisions to equitably distribute assets and other benefits means
capital ownership is arranged in a way for social benefit inside the organization. External
societal benefit is also encouraged by incorporating the operating the operating-principle of
cooperatives. In the final year of the 20th century, cooperatives banded together to eshtablish a
number of social enterprise agencies which have moved to adopt the multi-stakeholder
cooperative model. In the year 1994-2009 the EU and its member nations gradually revised
national accounting system to “make visible” the increasing contribution of social economy
organizations.
1.2 OBJECTIVES OF THE STUDY

 To know the financial assistance provided to low and middle income group by the
bank.
 To know that how the bank providing financial assistance through micro finance to
improve the standard of living of below poverty line people.
 To know that the banks development in creating entrepreneurs.
 To know the existing competitors.
 To know the requirement of consumers of the bank.
 To know that whether consumers are satisfied with the services provided by bank
1.3 SCOPE OF THE STUDY

 Target population:- The respondents are those who are small business such as
auto drivers, house maid, SHG, etc..
 Sample size :- 50 persons were visited for the purpose of the study.
 Sampling:- In this study respondents were chosen through snowball sampling
 Sampling area :- it is done in koppal city.
 Study period :- the study period is only one month so only limited aspects has
been covered.
 Data collection :- it is done through survey and analysed with the help of
sample percentage, tabular and graphical representation.
 1.4 SOURCE OF DATA

When we talk of research methodology, we not only talk of research method but
take into consideration the logical behind the method which we use in the context of
our research study and explain why we use or why we are using a particular method
or technique. The information that is to be needed for fulfilling the object of study
was collecting from various primary secondary source

Primary source
1. The data required was gathered by using a structured questionnaire through
personel interview from customers.
2. By person interview and discussion with bank personnel.

Secondary data

By referring textbook, magazines, journals and interest classification and

tabulation Of data has been followed by analysis and interpretation.
1.5 SAMPLE DESIGN

A sample size of 50 respondents in koppal randomly selected. Both society customer and
public were surveyed for the study but the more preference is given for society customer.

1.6 LIMITATIONS OF THE STUDY

 These institutions provide only short and medium term loans.

 The study is restricted to only koppal city.
 Some respondents did not show much to our project work.
 Large number of sample size could not be cover because of time limit.
 Limited period of time for study.
1.7 CHAPTER SCHEME

CHAPTER 1
First chapter includes exclusive summary, objective of stud, scope of study,
source of data .

CHAPTER 2
In the topic we focus on brief introduction about the company history of the
company and its achievement.

CHAPTER 3
Theoretical background.

CHAPTER 4
This chapter focus on the graphical representation and interpretation of the analysis.

CHAPTER 5
It focus on finding suggestion of the study.
 CHAPTER 2

A BRIEF PROFILE OF GAVISIDDESHWARA URBON

COOPERATIVE BANK, KOPPAL

2.1 CO-OPERATIVE SOCIETY IN WORLD SCENARIO

2.2 COOPERATIVE SOCIETY IN INDIA SCENARIO
2.3 COOPERATIVE SOCIETY IN KARNATAKA SCENARIO
2.4 HISTORY OF SHREE GAVISIDDESHWARA COOPERATIVE
URBON COOPERATIVE BANK, KOPPAL
2.5 MISSION
2.1 CO-OPERATIVE SOCIETY IN WORLD SCENARIO

The history of the cooperative movement concerns the origin and history of cooperative
across the world. Although cooperative arrangements, such as mutual insurance, and
principles of cooperative movement began with the application of cooperative principles to
business organization.

The cooperative movement began in Europe in the 19th century, primarily in Britain and
France. The shore partners society claim to be one of the world’s first cooperatives, being
established in Aberdeen in1498 (although it has since demutualized to become a private
partnership). The industrial revolution and the increasing mechanism of the economy
transformed society and threatened the livelihoods of many workers. The concurrent labour
and social movements and the issues they attempted to address describe the climate at the
time.

The first document consumer cooperative was founded in 1769, in a barely furnished cottage
in Fenwick, East Ayrshire, when local weavers manhandled a sack of oatmeal into John
Walker’s whitewashed front room and began selling the contents at a discount, forming the
Fenwick Weaver’s society.

In the decades that followed, several cooperatives or cooperative societies formed including
Lennoxtown Friendly Victualling society, founded in 1812.

By 1830, there were several houndred cooperatives. Some were initially successful but most
cooperatives founded in the early 19th century had failed by 1840. However, Lockhurst Lane
Industrial cooperative society (founded in 1832 and now Heart of England cooperative
society), and Galashiels and Hawick cooperative societies (1839 or earlier, merged with the
cooperative group) still trade today.
It was not until 1844 when the Rochdale society of Equitable Poineers established the
“Rochdale Principles” on which they ran their cooperative, that the basis for development and
growth of the modern cooperative movement was established.

Financially, cooperative banks, called credit union in the US, were invented in Germany in
the mid -19th century, first by Franz Hermann Schlze-Delitzsch (1853,urbon), then by
Friendrich Wilhelm Raiffeisen (1864, rural ). While Schulze-Delitzch is chronologically
earlier, Raiffeisen has proven more influential over time – see history of credit unions. In
Britain, the friendly society, building society, and mutual saving society, were earlier forms
of similar institutions.

Robert Owen

Robert Owen (1771-1858) is considered as the father of the cooperative movement. A

Welshman who made his fortune in the cotton trade, Owen believed in putting his workers in
a good environment with access to education for themselves and their children. These ideas
were put into effect successfully in the cotton mills of New Lanark, Scotland. It was here that
the first co-operative store was opened. Spurred on by the success of this, he had the idea of
forming “village of co-operation” where workers would drag themselves out of poverty by
growing their own food, making their own clothes and ultimately becoming self-governing.
He tried to form such communities in orbiston in Scotland and in New Harmony, Indiana in
the United States of America, but both communities failed.

William king

Although Owen inspired the co-operative movement, others – such as Dr. William
king(1786-1865) took his ideas and made them more workable and practical. King believes I
starting small,and realized that the worker classes would need to set up co-operatives for
themselves, so he saw his role as one of instruction. He founded a monthly periodical called
The Co-operator, the first edition of which appeared on 1 may 1828. This gave a mixture of
co-operative philosophy and practical advice about running a shop using cooperative
principles. King advised people not ti cut themselves off from society, and to start with a
shop because, “We must go to a shop every day to buy food and necessaries –why then
should we not go to our shop? “He proposed sensible rules, such as having a weekly account
audit, having 3 trustees, and not having meeting in pubs (to avoid the temptation of drinking
profile

2.2CO-OPERATIVE SOCIETY IN INDIA SCENORIO

The cooperative movement in India owes its origin to agriculture and allied sectors. Towards
the end of the 19th century, the problems of rural indebtedness and the consequent conditions
of farmers created an environment for the chit funds and cooperative societies. The farmers
generally found the cooperative movement an attractive mechanism for pooling their meager
resources for solving common problems relating to credit, supplies of inputs and marketing of
agricultural produce. The experience gained in the working if cooperative led to the
enactment of cooperative credit societies act, 1904.

Under the Montague-chelmsford Reforms of 1919, cooperation become a provincial subject

and the provincial subject and the provinces were authorized to make their own cooperative
laws. Under the government of India act, 1935, cooperatives were treated as a provincial
subject.In the constitution of India, ‘cooperative societies’ is a state subject under entry No32
of the state list.

At present

As India has a rich history of cooperative movement, after independence, cooperatives

assumed a great significance in poverty removal and faster socio-economic growth.
Cooperatives were an integral part of the Five Year Plans. There was green revolution where
India got self sufficiency in food grain production. In late 1960s there was white revolution
and national dairy development board was established which created the trusted and
indigenous brand of AMUL.

An important leader in the cooperative movement was Lakshman rao inamdae

who made cooperatives an important part of people’s lives in Gujarat and Maharashtra.
PM spoke about challenges for those involved in cooperative movement. Though there is
success in milk and food grain production, but there is need to go into new areas. Few states
have attempted new areas such as sugarcane production is through cooperatives in
Maharashtra and Gujarat, there is knowledge revolution where children of 1st to 12th standard
they got computer access through cooperatives.

2.3 CO-OPERATIVE SOCIETY IN KARNATAKA SCENORIO

Karnataka has a fascinating history of co-operative Movement. Co-operative culture in

various economic activities in the state is clearly evident. It is deep-rooted, as it has been
launched in 1904. The first primary Agricultural Credit Society established in the country
was at Kanaginhal (Gadag) of Gadag district. It was established on 8 th may 1905, and it has
been still functioning. Similarly the first Urban Co-operative Credit Society started in
December 1905 is said to be the first co-operative institution in princely Mysore state. Such
societies were started in Belgaum, Gokak, Hubli, Dharwad and Sira by 1906

The erstwhile princely Mysore state had promoted a unique breed of financial institution
called “Agricultural Banks” in 1894, a decade earlier to the official launching of the
cooperative

Movement by the Government. The modus operandi of agricultural bank was such that they
had imbibed cooperative principles though their constitution was of public company, limited
by guarantee.

The diversification of cooperative Movement was started in 1912. In the course of time,
non-agricultural and non-credit societies emerged in large number throughout the state. In the
early years, the Governments of princely Mysore and Bombay Presidency earnestly
encouraged the spread of the movement in rural areas by extending special incentive
institutions.

It is interesting to know that in order to carter to the needs of the local people, special
economic activities like fencing, hunting, cattle breeding insurance, breeding farming grain
banks, fisheries, forest labour, special marketing, education, sugar,dairy, silk industry,
irrigation, house building, construction of god owns, consumer goods selling etc., were
undertaken under cooperative sector much earlier.

It was regular feature in Bombay-Karnataka between 1920-1930 to hold the taluk and
district level cooperative conferences to review the progress of the movement. In order to
propagate the principles of cooperation in the rural areas and to have a mass appeal there was
a special drama troupe to propagate the idea of cooperation at Amminabhavi of Dharwad
district. Manyof the District central cooperative banks, specially the bank working at
Dharwad , Madikeri, Sirsi, etc., came to the help of suffering farmers, during the economic
depression of 1929-30 . during the same period due to drought the movement had received a
setback. Many farmers could not pay their overdue to the bank/ though these co-operative
bank purchased the pledge properties of the debtors, the same was returned to them without
any profit when the debt was cleared. This spirit of cooperation helped the cooperative bank
to grow further when the economic condition improved. Many bank arranged debt
reconciliation boards for settlement of loans.

Karnataka has many first in the co-operative ventures in the country. The Hubli Cotton
Sales Society Ltd., Hubli organized in 1915 is considered to be the first Indian co0operative
market society. The farmer service society (FSS) sponsored by Canara Bank in 1973 t Bidadi
in

Bangalore district is such first society in the country. Similarly, the sports promotion and
Development society at Chandragiri of Belgaum district is a unique organization of all-India
importance established in 1984. Hulkoti co-operative Education Society (1921), J.G. co-
operative Hospital at Ghataprabha (1951, Belgaum district) and Rural Electricity society at
Hukkeri of Belgaum district (1969) are some of the earliest special type of cooperative sugar
factory in the state.

Karnataka is one of the leading States in the country where the Urban Co-operative Bank
movement has emerged strong. Karnataka ranked 3rd in the country next to Gujarat and
Maharashtra. Karnataka is the first State in the country to have the Federation of Urban banks
(1965). It is conspicuous that after the reorganisation of the State, the orbit of the co-
operative movement has been expanded in all its spheres. Some of the apex institutions in the
district and the State level have established their record growth vertically and horizontally.
Increased financial participation in the form of share capital, subsidy, grants etc. by the
Central and State Government, N.C.D.C. etc., have facilitated the increase in the number of
co-operatives. Many major industries like spinning, cotton processing, textile, sugar, tiles,
food processing etc., have been started in the State in the co-operative sector.
During 1976-77, most of the economically non-viable, weak primary societies were
amalgamated. This process of amalgamation on large scale, strengthened the base of primary
societies and their number was reduced considerably.
The Institute of Co-operative Management was founded in Bangalore 1962 recognizing
the prominent position of the State in the co-operative sector. In 1990, the National
Agricultural and Rural Development Training Institute was started in Bangalore to train the
bank and co-operative sector officials.

The State of Karnataka is the 8th biggest State in the Country with a population of
6.11 crores of which 61.43 percent is rural population. There are 36481 Co-operative
Societies with more than 2 crores membership, of which 32029 societies are working. The
total working fund is Rs. 51,864 crores. The number of Co-operative Societies under profit
are 19,963 and number of societies under loss are 16518.

The Short-term and Medium-term loans are provided in Karnataka to the farmers through
Karnataka Sate Co-operative Apex Bank, 21 DCCBs and 4,697 PACS. Similarly, the long-
term loans are made available from Karnataka State Co-operative Agricultural and Rural
Development Bank (KSCARDB) through Primary Co-operative Agricultural and Rural
Development Bank. The loans are being provided from their own fund and refinance from
NABA

2.4 HISTORY OF SHREE GAVISIDDESHWARA

COOPERATIVE URBON COOPERATIVE BANK, KOPPAL

In the year 1933 Shi Agadi viranna K Lakshman Rao, Krishna Charya Eshwarappa
Kuduremuti ,Phaji lal reheman, Saiyad srijul and many other invested Rs.5000 as initial
Capital in the year 1954 bank issued share capital of Rs 10 each for 4—members and at that
time the bank get registered in the name of Koppal urbon Bank in the period of 1986-87 it
had the capital of Rs.46000. Sri viranna Agadi as become the president and badappa Divatar
as vice president of the bank.
For the period i.e 23-3-1982 to21-08-1983 Mr.Somanna Dambal worked as president from
09-10-1985 to 07-10-1986 Sri somappa Dambal become president and dhyamanna chilwadigi
as vice president from 08-10-1986 to 26-10-1987 sri M S Mahantayya Math become a
president and kavi gavisiddappa N bellary as vice president.

In the period 1987-1988 it was having approximately 1664 members and also it had nearly
2.57 lakh as its share capital and also at the time only it raised about 11 lakh as its Deposit in
Bank it become mile stone for the bank success. In the year only bank purchse a land for
construction of building by paying 24000 Rs it got place near Jayaprakash market they also
lay the road for convenience of bank customer.

In the year 1989-1990 Sri Hulagappa and Sri Gopalkrishna become the administrator of the
bank in the year that is dated on 12-08-1991 to 03-07-1992 Sri ganavari become the president
and Mouneshwara become a vice president. The diety of the SRI SHIVASHANTAVEERA
MAHASWAMIJI introduced two deposit scheme they are SHRI GAVISIDDESHWARA
NITYARUDRABISHEKA DEPOSIT AND SHRI GAVISIDDESHWARA CASH
DEPOSIT.

Dated on 04-07-1992 to 05-03 1995 Shri Hanchinahall served as president and mounesh as
vice president in there period the membership increased to 2800 and the share were increased
to 7 lakh and the deposit were also raised to 52 lakh the bank purchased another place near
salar jang to construct a bank building the government sanctioned 40*80 site for this purpose
and we thank to Shri andappa agadi and other member because of there contribution we thank
from bottom of our heart. In the period 06-03 1995 to 31-07-1997 Mr. shiva V. kulkarni and
with the help of sri veerabasappa bellulli, shivappa hebbal, champalalji mehetha, shekargouda
hakkandi, bhavarlalji jain and other cooperative society members helped to get approve from
RBI by paying Rs. 2crore as deposit. In the same period the bank is able to openup anew
branch near BHAGYANAGAR near koppal as it is a business place in koppal to help the
business professionas we have eshtablished a branch with the prime aim of srving to our
customer.

From 01-08-1997 to 31-07-1998 shri G.V mudugal served as presidentand sgri mudukappa
umachigi as vice president and shoba agasi shri raghavendra paganti, M.G matti P.G
Nedeash VV hanchinal, SC nidesh BBshahapur, GC thalkal, pampapathi worked for growth
of the bank.

From01-08 1998 to 31-07-1998 shri raghavendra pangati worked as president and shri BB
shahpur served as vice president of the bank. From 1-8-1999 to 20-7-2000 PG nidesh worked
as president of the bank and sri BB shahpur served as a vice president. In the same period
the RESERVE BANK OF INDIA as recognized the bank as a primary cooperative bank and
it is issued a notice number U.B.D(V.R)828\16.51\10\97-98-S-1873.

From 21-07-2000 to 11-10-2002 shri anagadi get elected in bank election and served for the
bank as president and shri SBmegharaj as vice president. R.S shetter, M.G matti and C.V
hakkapakki as director of the bank. From 12-10-2002 to 08-03-2005 hri G.C thalkal worked
as president and shri B.B shahpur served as a vice president from 09-03-2005 shri R.S shetter
vijaya shetter, shailappa angadi, S.M matti, kotrappa korlahall, B.B shahpur served as
director of the bank.

On 29-09-2007 shri sv nidesh served for the bank as president of the bank and shri S.M matti
as vice president in this period the Shri Gavisiddeshwara Urban Bank as completed its 75
years.From 1998-1999 in this period shri gavisiddeshwara uban cooperative

prabhuraj nidesh,raghavendra pangati, sri V.V hanchinal siddlingappa nidwsh, B.B shahpur.
G.C thalkal, shrimathi shobha angadi, G.V mudagal and mudkappa umachigini there
direction bank now as its G.V building near sharadha talkies opposite Till now our bank is
able to collect 9Crore as deposit and it is having 7000 as members and also it is having more
than47 lakh share capital. Our bank as started a movement towords the growth of cooperative
society in koppal district

Serving for our customer in the best possible way satisfying there need is our prime goal. For
every class of people bank now provides short term as well as long term loans. The bank also
provides loans. The bank also provides loans for eshtablishing small and medium scale
business, agricultural loan, home loan and loan for employees which loan , loan for schedule
caste and schedule tribe people, and loan for very small scale business unit in this way bank
provides various services to various class of business as well as non business class people.

In the year 2007-08 our bank as sanctioned nearly Rs7,08,43,574. As loan and it is able to
recollect Rs 614.86 lakh and bank also opened many saving accounts and it is collected more
than 10 Cr. The bank aim is mainly to increase the standard of living of the people by
providing the suitable loan facilities and by helping people economically and socially.

In the field of cooperative bank we are trying to enhance our services by providing all means
of services and we would like to thank RBI and directors, presidents,vice presidents and other
members who directly or indirectly support for the growth of the bank.

2.5 MISSION

 Linking the promotion of sustainable livelihoods with income-generation activities

for the community.
 Ensure that all members follow the democratic way of making policies and electing
representatives and have an equal voice.
 Ensure that all profit are controlled democratically by members and for their benefit.
 Enhance accessibility of financial services
YEARLY NUMBERS OF MEMBERS PROGRESS BY
DECADES

YEARS MEMBERS
1993-34 450
1987-88 1664
1997-98 3970
2007-08 6914
2018-19 7630

10000
9000
8000
7000
6000
5000
Series 3
4000
3000
2000
1000
0
1993-34 1987-88 1997-98 2007-08 2018-19