Financial Analysis of Bagalkot DCC Bank, Bagalkot


Authors : Dr. S. O. Halasagi; Umadevi Y. Koneri

Volume/Issue : Volume 6 - 2021, Issue 4 - April

Google Scholar : http://bitly.ws/9nMw

Scribd : https://bit.ly/3dwtB15

Abstract : The economic development depends on movement of funds, so banking institutions are playing the vital role in the sustainable development of economy. District Central Cooperative Bank has good position in the agricultural and rural development of the nation. The Bagalkote DCC Bank has more reached to the rural areas of Bagalkote district, through their 47 branches. The DCC Bank Bagalkote works as intermediary between the state credit cooperative Bank (Apex Bank) and Primary Agricultural Cooperative Societies (PACS). The growth and development cooperative banks totally depends upon their financial ability.DCC bank is one of the key financing institution at district level who takes responsibility of meeting credit needs of various types cooperatives in the district and at the same time DCC banks are having various problems like overdue, low recovery rate, non performing assets etc. Therefore, it is require studying the financial analysis of DCC Bank Bagalkot. This paper covered to analyse the financial performance of DCC Bank Bagalkot during the period 0f 2018-19 and 2019-20.

Keywords : Financial Analysis, District Central Cooperative Bank, Profitability.

The economic development depends on movement of funds, so banking institutions are playing the vital role in the sustainable development of economy. District Central Cooperative Bank has good position in the agricultural and rural development of the nation. The Bagalkote DCC Bank has more reached to the rural areas of Bagalkote district, through their 47 branches. The DCC Bank Bagalkote works as intermediary between the state credit cooperative Bank (Apex Bank) and Primary Agricultural Cooperative Societies (PACS). The growth and development cooperative banks totally depends upon their financial ability.DCC bank is one of the key financing institution at district level who takes responsibility of meeting credit needs of various types cooperatives in the district and at the same time DCC banks are having various problems like overdue, low recovery rate, non performing assets etc. Therefore, it is require studying the financial analysis of DCC Bank Bagalkot. This paper covered to analyse the financial performance of DCC Bank Bagalkot during the period 0f 2018-19 and 2019-20.

Keywords : Financial Analysis, District Central Cooperative Bank, Profitability.

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