Essay: El Hassan District Cooperative Central Bank Ltd

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  • El Hassan District Cooperative Central Bank Ltd
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El Hassan District Cooperative Central Bank Ltd, Hassan Rs.1.18 Rs.0.55 lakhs equity deposits and Rs fully established in1953 with lakhs. 8530 rupees as investment gain. Now that reached Rs.2974.54 lakhs of equity, Rs.10522.81 28241.00 lakhs and lakhs deposits earning investments this a great milestone in the cooperative sector was created, providing frequent services to farmers in the district of Hassan .
Historic achievements:
The HDCC Bank is continuously increasing its own potential through this expanding throughout the district and the rapid increase in their benefit, helping the economic development of the farmer.
1. With the cooperation of government that provides loans to 4% rate of interest for farmers during the period of one year.
2. Your goal is to Rs.15000.00 lakhs loans to farmers. Now it is the first bank in the district that provides loans of lakhs Rs.11600.00 farmers.
3. Facilitate Accident insurance for all farmers receiving agricultural loans from the bank.
4. Provide Yashaswini insurance service to all members of cooperative societies.
5. Awareness scheduled to farmers with regard to banking transactions by issuing credit cards Kissan.
6. Provide training to members of management of cooperative societies.
7. By establishing SWA-sahayasangha 10,571 in the district, the bank to contribute to the economic development of the farmer.
8. Provide more loan facility for animal husbandry, floriculture and other non-agricultural activities farmers within the regime SwarnaJayanthi Gram Swarojgar.
9. Provide attractive interest on deposits from customers and an additional 1% for seniors.
‘ Maintains a very good system of internal and external communication, as it is equipped with phones, computers, photocopiers and Internet services.
‘ The Bank has HDCC private transport vehicle to cover the branches of the district.
‘ It has nicely furnished rooms, meeting rooms, board room and training center.
‘ Offers 60% to 70% and remaining building rented their own buildings.
‘ The branches are all essential infrastructure facilities.
El Hassan District Central Co-operative Bank Ltd. is basically a Co-operative Bank serves the needs of agriculture, small industry (SSI) and Self Help Group (SHG). Change in the current economic scenario, the organization faces tough competition. As it regards interest rates, which are governed by the RBI and NABARD, an aggressive approach is adopted by commercial banks, regional rural banks and cooperative societies. The following are the main competitors of Hassan District Central Co-operative Bank Ltd …
‘ Commercial banks like Canara Bank, State Bank of Mysore, State Bank of India, etc.,
‘ Regional Rural Banks (RRB) as pragmatic Gramin Bank etc.,
‘ Other Cooperative Societies.
‘ Has good brand, he has since crossed the 50 years of its existence.
‘ Another important strength of HDCC ltd rural bank is providing financing at a rate of acceleration.
‘ It has the support of the Government.
‘ Recruitment is not done properly in the bank HDCC too much political interference.
‘ The HDCC computerization process is rather slow.
‘Trained staff is not available the lack of skilled workers.
‘ The lack of professional management.
‘ The lack of initiative and innovation among staff and members.
‘ Co-operative banks are pioneers in the field of microfinance has enormous potential in rural areas.
‘ Creation of cooperative banks by RBI as the recognition of this sector as an important part of the banking system in 1984.
‘ Growth of the banking sector in India, especially in rural areas.
‘ More number of branches is being created, and there are several opportunities.
‘ Huge market competition.
‘ The increased incidence of fraud and embezzlement.
‘ Tighten recognition of income and assets Standards Classification had a direct influence on the balance of the HDCC.
‘ The increase in disputes between management and employees.
‘ The external pressure to finance eligible borrowers.
‘ The Departmental interference in financial matters in various forms.
The service organization is in the process of becoming and, therefore, the bank has signed agreements with the Nationalized insurance companies provide instructors. The bank plans to increase branches in many rural areas, where it has great opportunity for the growth. In addition, there is a proposal for the future DDCCB modernization of the office, internal communication systems and strategies of other grading services through the new specific technologies in the industry. IT infrastructure facilities and initiated steps to greater absorption Technology. There are two major technical milestones achieved are:
Technological progress with all branches adopt or adopt computerization. The number of branches that adopt IT infrastructure solution has been increasing. From the point of view of financial inclusion, there has been a steady increase in the current penetration of the branches, especially in rural areas.
Joint liability groups:
The program for the formation of self-help groups and the merging of banks for the first time NABARD has been successful in providing financial services and banking sector support to extremely poor and landless people. Now to help very small farmers, peasants, farmers tenanted, producing partners and sleeping partners who are engaged in business outside agriculture, NABARD has proposed the formation of joint liability groups to develop comprehensive schemes and disbursing loans them.
Bank has implemented this plan by forming joint liability groups and through this scheme disburses loans for the purpose of breeding animals.
And for the period 2011-12, 161 groups have been formed through primary agricultural cooperative societies and including 112 groups have been provided with loans of Rs. 241.00 lakhs.
For the year 2102-13, 145 groups have been formed Loan of Rs 290, 123 Spread on the joint liability of 79
As in the year ended 03/31/2013, they have formed total of 306 joint liability groups and 189 groups have been provided with a loan of Rs. 364 250 rupees. As in the year ended 31.03.2013, the outstanding amount is Rs. 256.34 and the recovery rate is 100%.
For 2013-14, we have set the goal of forming a total of 1,000 groups and granting more loans to 500 groups.
Facilities (A):
Any bank:
Any Branch Banking (ABB) is a facility for our customers to operate their accounts from any of our branches network. The branch where the client maintains his account is the base branch and the branch from which conducts its transactions are known as Remote branches. Any branch banking facility available at all branches of HDCC Bank.
FACILITIES available on ABB:
‘ Cash withdrawal.
‘ cash bond.
‘ Funds Transfer.
‘ Purchase Orders Demand Drafts / payment.
‘ Local deposit checks.
‘ Repayment of loan accounts.
Eligible Customers:
All individual customers and concerns adults who have a property, checking SB Corp 4-in-1 a / a Current, Overdraft a / c.
Core Banking Solutions:
As part of the expansion of more and more facilities to our customers, Core banking service is also being introduced in our Bank.
ATM facilities:
We introduced our bank ATM facilities to our customer.
Safe deposit lockers are available in all Existing branches of the Bank of various sizes to suit the needs of different customers.
RTGS – (Real Time Gross Settlement):
RTGS is the fastest installation possible interbank money transfer available through secure banking channels in India.
NEFT- (National Electronic Fund Transfer):
The funds transfer system operates on a deferred net settlement basis. NEFT operates in batches by Time 09 am to 7 pm on weekdays and 9 am to 1 pm Saturdays.
Different types of loans in the bank HDCC:
HDCC Bank offers all types of loans for ordinary people car loans to home loans
Risk meaning:
Before going further study first we need to know about risks, the risk involves the extent that any chosen action or omission which may result in a loss or an undesired result. The concept implies that a choice can have an influence on the result that exists or has existed.
The different types of risk can be classified into two groups,
A. Systematic risk,
Systematic risk is due to the influence of external factors in an organization. Such factors are often uncontrollable from the point of view of an organization.
This is a macro in nature, as it affects a large number of organizations that operate under a similar current or same domain. It can not be planned by the organization.
Systematic risk types are represented and are listed below.
‘ interest rate risk,
‘ Market risk and
‘ Purchasing power and inflation risk.
Now let’s talk about each classified risk in this group,
1. Interest rate risk:
Interest rate risk arises due to variability in interest rates from time to time. Particularly affects the debt, since they carry the fixed rate.
The types of interest rate risk are represented and are listed below.
‘ Price risk and
‘ Reinvestment rate risk.
2. Market risk:
Market risk is associated with constant fluctuations observed in the trading price of the shares or particular values. That is, that arises due to rise or fall in the market price of the shares or securities listed on the stock market.
The types of market risk are represented and are listed below.
‘ The absolute risk,
‘ The relative risk
‘ Risk management
‘ non-directional Risk
‘ Basis risk and
‘ Volatility Risk.
3. The purchasing power or inflation risk:
Risk purchasing power also known as inflation risk. Thus, since it issues (creates) the fact that affects purchasing power negatively. It is wise to invest in securities in an inflationary period.
The types of power or represent the inflationary risk and are listed below:
‘ Inflation risk demand and
‘ Inflation risk costs.
B. Risk unsystematic:
Unsystematic risk is due to the influence of internal factors prevailing within an organization. Such factors are typically controlled from the point of view of an organization.
The types of unsystematic risk are represented and are listed below.
‘ Business or liquidity risk,
‘ Financial and Credit Risk and
Operational risk.
Let’s talk about each of these groups more likely to be classified.
1. Enterprises or liquidity risk:
Business Risk Liquidity risk is also known. So it is (to create), etc. economic cycles, technological changes, affected by the sale of securities, after the purchase of the problems
Business, which represents the type of liquidity risk is shown below.
‘ liquidity risk assets
‘ Funding liquidity risk.
2. The financial or credit risks:
Credit risk is the financial risk. It arises because of a change in the structure of the capital of the entity. The structure of the three ways to fund projects primarily in the structure of the capital. These are:
‘ Funds assets. For example, the share of the capital.
‘ borrowed funds. For example, a loan fund.
‘ retained earnings. For example, the reserve ””””””’.
The following types of financial risk, or credit account.
‘ exchange rate risk,
‘ The recovery rate risk,
‘ credit risk events,
‘ Non-Directional Risk
‘ sovereign risk
‘ Settlement risk.
3. Operational Risk:
The process of operational risks, including the risks of business fail due to human error. This risk will become an industrial one. This is due to the internal policies and procedures to the people of the breakdowns occur in the system.
These are represented by the following types of operational risk.
‘ Risk Model,
‘ the risk of people,
‘ The legal risk and
‘ Political Risk.

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