Solapur UCB Assn
Helps member-banks in various ways:
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.
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.
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%).
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