An analysis of Resource mobilization by Chitradurga District Central Co-operative Bank in Karnataka state

The planners keeping in view the importance of Agriculture sector in Indian economy considered Cooperation as an instrument of economic development of the disadvantaged, particularly in the rural areas. Hence, cooperatives being local area banks assumed pivotal role in the development of rural sector on which rest of the economic activities depend. This is very clear by the very basic objectives of the fourth five year plan was to establish a socialistic pattern of society in the country, so that the Development with economic stability could be accomplished through Panchayati Raj and cooperatives”. Being middle tier short term Credit agency, The District Central Co-operative Banks assumed a pivotal position in the Co-operative Banking system; around which activities relating to rural development in a District depend. DCC Banks act as an intermediary between PACS and the State co-operative Banks. Hence the soundness of DCC Banks indirectly reflects the prosperity of the whole country. So, the DCC Banks have been entrusted with a greater responsibility of amassing adequate funds and channelizing them judiciously and profitably. Hence it is an attempt to assess how far CDDCB is successful in its resource management policy and this study entirely depends on secondary data.