(a) the state-wise, number of Cooperative Banks working at present;
(b) the number of them making losses alongwith the locations thereof;
(c) the accumulated loss of each of the cooperative bank;
(d) whether the NABARD propose to establish a fund for promoting a more vibrant Rural
Cooperative Credit System; and
(e) if so, the details thereof and the other steps taken by the Government to improve
the performance of cooperative banks?
THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI BALASAHEB VIKHE PATIL) :
(a) The details of State-wise number of State Co-operative Banks (SCBs), District Co-operative
Banks (DCCBs), State Co-operative Agriculture and Rurai Development Banks (SCARDBs) and
Primary Co-operative Agriculture & Rural Development Banks (PCARDBs), as reported by National
Bank for Agriculture & Rural Development (NABARD) are given in Statement-I.
(b) the number of Co-operative Banks running into losses as on 31st March, 1999 are
given in Statement-II.
(c) The details of accumulated losses of Co-operative Banks as on 31st March, 1999
are given in Statement-III.
(d) and (e) Government had set up a Task Force to study the co-operative credit system
and suggest measures for its strengthening. The Task Force has since submitted its Report.
In one of the recommendations made in the Report, the Task Force has suggested setting up
of a Co-operative Rehabilitation and Development Fund in NABARD by contribution from
Government and another Mutual Assistance Fund at State Level by contribution from co-operative
institutions in the concerned State. The Report is under consideration of the Government.