So­la­pur UCB Assn

Helps mem­ber-banks in var­i­ous ways:

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Late Dhundi­raj Date and late Dr P. G. Val­san­gakar and an­other doyen of co­op­er­a­tive move­ment late Bramhadev Mane founded the So­la­pur Na­gari Banks’ As­so­ci­a­tion in 1983. The 34 mem­ber- banks of the as­so­ci­a­tion col­lec­tively have 263 branches and a to­tal 131,899 mem­bers. There are only half a dozen banks hav­ing a dozen or more branches in So­la­pur and the banks with less than 4 branches are many. While So­la­pur Janata Sa­hakari Bank (41), Pand­harpur UCB and Sa­marth Sa­hakari Bank have 27 branches each, Laxmi Coop Bank has 20 branches, So­la­pur Sid­dhesh­war Coop Bank has 18, Ratan­c­hand Shah UCB 12 and Shankar­rao Mo­hite Patil Coop Bank 10 branches each. The other mem­ber-banks are Ahilyadevi Coop Bank, Kavita Coop Bank, Ra­j­mata Coop Bank, Nishi­gandha Coop Bank, Dilip Co­op­er­a­tive Bank, Kamla Ur­ban Coop Bank, So­la­pur and Ruk­mini UCB, Sadguru Gahin­i­nath Coop Bank, Mo­hol Coop Bank, Shivshakti UCB, Ma­hesh Coop Bank, Sharad Na­gari Coop Bank, Kar­mala Janata Sa­hakari Bank and Nilka­n­tha UCB – all hav­ing sin­gle digit branches.

FI­NAN­CIALS, PROF­ITS

The col­lec­tive fi­nan­cial po­si­tion of the 34 banks and 7 as­so­ci­ate mem­ber banks from other dis­tricts as at the end of fi­nan­cial year 2017-18, is good. Ac­cord­ing to Ra­j­gopal Zan­war, chair­man of the As­so­ci­a­tion, the to­tal amount of de­posits of all mem­ber banks is `81.18 bil­lion and loans and ad­vances `51.56 bil­lion. In terms of profit earn­ing, Pand­harpur UCB tops the list with `98.3 mil­lion, fol­lowed by Sa­marth Sa­hakari Bank (`45.4 mil­lion), Lok­man­gal Coop Bank (`31.7 mil­lion) and So­la­pur Sid­dhesh­war Coop Bank (`31.5 mil­lion), he adds.

BUSI­NESS TOP­PERS

There are 5 UCBs in So­la­pur with more than `2 bil­lion of lend­ing and 6 UCBs that could mo­bi­lize more than `3.50 bil­lion in 2017-18. “So­la­pur Janata Sa­hakari Bank tops in the to­tal amount of loans with `12.04 bil­lion, fol­lowed by Pand­harpur UCB (`8.09 bil­lion), Sa­marth Sa­hakari Bank (`6.66 bil­lion), Lok­man­gal Coop Bank (`4.18 bil­lion), Laxmi Coop Bank (`2.55 bil­lion) and So­la­pur Sid­dhesh­war Coop Bank (`2.09 bil­lion). Ahilyadevi UCB (`37.8 mil­lion), Dilip UCB (`58.4 mil­lion), Mo­hol Coop Bank (`87.5 mil­lion), Kamla Co­op­er­a­tive Bank (`91.8 mil­lion) are at the bot­tom of the ta­ble of lend­ing in the last fi­nan­cial year, says Ra­jagopal.

In terms of de­posits, So­la­pur Janata Sa­hakari Bank leads the ta­ble with to­tal amount of `18.85 bil­lion, fol­lowed by Pand­harpur UCB (`12.60 bil­lion), Sa­marth Sa­hakari Bank (`9.89 bil­lion), Lok­man­gal Coop Bank (`6.96 bil­lion), Laxmi Co­op­er­a­tive Bank (`3.92 bil­lion) and So­la­pur Sid­dhesh­war (`3.5 bil­lion).

TRAIN­ING FOR NEW TRENDS

The as­so­ci­a­tion has been ar­rang­ing train­ing pro­grams ev­ery 1 or 2 months for of­fi­cers, clerks and di­rec­tors of the UCBs on dif­fer­ent as­pects of banking, in­clud­ing IT-re­lated top­ics. Even class IV and sub­staff are brought un­der the purview of train­ing. Says Zan­war: “We have been ar­rang­ing spe­cial train­ing ses­sions for all of them so as to en­able them dis­charge their du­ties ef­fec­tively and ef­fi­ciently. Lec­tures by ex­perts have been ar­ranged on sub­jects of in­for­ma­tion tech­nol­ogy and re­lated de­vel­op­ments, new trends in banking, de­sign­ing of tech­nol­ogy based new prod­ucts and ser­vices, etc.”

The as­so­ci­a­tion or­ga­nizes a 3-day res­i­den­tial train­ing pro­gram ev­ery year for the chair­men, di­rec­tors and CEOs of mem­ber-banks. Such pro­grams have been or­ga­nized at Hospet and Pan­hala in re­cent times. Of­fice bear­ers and aca­demi­cians from the Re­serve Bank and co­op­er­a­tive de­part­ments have de­liv­ered thought pro­vok­ing lec­tures at such ses­sions, which have been proved to be use­ful for the par­tic­i­pants.

With a view to fos­ter healthy com­pe­ti­tion among the banks, the As­so­ci­a­tion has con­sti­tuted Ideal Bank Award, which is given ev­ery 3 years to such banks which have com­plied with the stan­dards and pa­ram­e­ters de­signed by ex­perts.

SEC­TION 101: 1000 CASES

Cases are filed from time to time un­der sec­tion 101 of MCS Act 1960 by the So­la­pur Na­gari Banks’ As­so­ci­a­tion. The as­so­ci­a­tion un­der­takes hear­ing of cases 101 to help the banks in re­duc­ing over dues and NPAs. Nor­mally, it takes 3 to 4 months for the cases to be heard and de­cree given by the govern­ment au­thor­i­ties. Guid­ance is given to sick banks. Zan­war es­ti­mates that each year, nearly 1000-1100 cases are filed. The to­tal NPAs of all the 34 mem­ber banks is `3.65 bil­lion as on 2017-18. The banks with the high­est level of NPAs in the last fi­nan­cial years are So­la­pur Janata Sa­hakari Bank (15.65%), Laxmi Co­op­er­a­tive Bank (13.55%), So­la­pur Sid­dhesh­war Co­op­er­a­tive Bank (10.77%), and So­la­pur So­cial UCB (10.06%). Banks with the low­est NPAs are Shree Ma­havir UCB (0.68%), Manorama UCB (1.41%), Mo­hol UCB (2.28%) Mad­hesh­wari Co­op­er­a­tive Bank (3.02%), Janta Sa­hakari Bank (3.10%) and San­gola Co­op­er­a­tive Bank (3.35%).

OVER­COM­ING CHAL­LENGES

As the chal­lenges ahead for the ur­ban co­op­er­a­tive banks are man­i­fold, the As­so­ci­a­tion is gear­ing to play a key role. Ex­plains Zan­war: “We be­lieve in guid­ing and help­ing ur­ban co­op­er­a­tive banks to ex­cel and per­form in a pro­fes­sional man­ner so that the ur­ban co­op­er­a­tive banks be­come both vi­able and vi­brant in the com­pet­i­tive fi­nan­cial en­vi­ron­ment.”

So­la­pur UCB As­so­ci­a­tion reg­u­larly un­der­takes train­ing camps for mem­ber banks

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