the kangra

central
cooperative bank
ltd.
Suksham Sood
2535
Nidhi Bala
2539
MBA (4
th
Sem)
INTRODUCTION
Banking occupies one of the most important positions in
the modern economic world.

A bank is an establishment which makes to individuals
such advances of money as may be required and safely
made, and to which individuals entrust money when not
required by them for use.

A bank is a manufacture of credit and a machine for
facilitating exchange.


Company history
Came into existence on 17th march 1920 (license no.
Rpcd.09/2009-10).
Poineeer banking institution catering needs of public and
co-op societies in Kangra ,Kullu and Lahaul Spiti.
Indora banking union was merged and 2nd branch of the
bank opened at Nurpur in jan1956
Palampur banking union was merged and 3rd branch of the
bank opened at Palampur in jan1957
4th branch of the bank opened at Hamirpur in oct1958
The bank suffered losses because of the partition in 1947
to the tune of rs.10.64 lacs.

In March 1962, the bank suffering from the setback of
partition was granted Rs.4.09 Lacs by the Govt.
Govt. also provided Interest Free Relief Loan of Rs.3.98 Lacs
and Govt. of India Loan of Rs.4.97 Lacs @ 3.87% in 1962 In
1971-72
The Bank entered into the deposit mobilization scheme of
Pong Dam Area aggressively and secured maximum share of
Deposit Bank Deposits increased from Rs. 256 Lacs in 1971-
72 to Rs. 1054 Lacs in 1973-74.

Contd.
Company profile
Leading co-operative bank in North- INDIA.
Head office situated in Dharmshala.

Name Designation
Mr. Jagdish Sepahia Chairman
Mr. Karan Singh Pathania Vice- Chairman
Mr. C. paulrasu Managing Director

Bank has tie- ups with Axis, HDFC and ICICI Bank and also
with Maruti Udyog Ltd.



VISION


To emerge as the most trusted, admired, sought after world
class financial institution, and to be the most preferred
destination for every customer and investor and a place of
pride for its employees.

MISSION


To be a top- class Bank of its class to achieve sustained
growth of Business and Profitability, fulfilling socio-economic
obligations, excellence in customer service, through up
gradation of skills of staff, their effective participation and
making use of state-of-theart technology.







Financial Position as on 31st
March 2012

Figures in Lacs
Share Capital
210.22
Funds
55991.25
Deposits
520067.41
Investment
327835.94
Loan
242158.32
Profit
2926.82
Working Capital
625966.00
POTENTIAL OF BANK

Banking occupies one of the most important positions in the
modern economic world.
Bank meets the credit requirements of the farmers through
term loans, viz., short, medium and long term loans.
Bank is about to tie-up with National Insurance Company
Limited and Kotak Mahindra, Old Mutual Life Insurance
Limited.
For financing Automobiles bank will sign an MOU with Hero
Honda and Tata Motors.


BANKING FUNCTIONS
1. Accepting deposits:
a). Fixed or time deposit account
b). Current or demand deposit account
c). Saving deposit account
d). Recurring deposits account
2. Advancing Loans:
a). Home loans
b). Education loan
c). CAR loan / two wheeler loan
d). Property loan scheme




.
e). Loan against property.
f). Loan for Agriculture and allied activities
g). Kisan Credit Card

3. Other functions:
a). Collection and payment of various charges.
b). Locker facilities .
c). Issuing DDs and Pay Order.

Learning from project

The process of bank related transaction, bank related
various terms, work environment of KCC Bank.
Different techniques of dealing with the customers.
How banks help in promoting capital formation and
accelerating the rate of economic development.
How to deal and communicate with those customers who
are from rural areas.





swot analysis
Strengths:

Trusted brand name
among its customers.
Various schemes for
small scale industries and
agricultural societies.
Higher interest rates than
othrs.

Weakness:

Lack of technical
awareness among staff.

.
Opportunities:

Banking is growing
industry, hence KCC
Bank has good
opportunity to make itself
leading co-operative
bank.



Threats:

There are various public
sector and private sector
banks which are market
leaders in banking
industry.

swot analysis
Strengths:

Higher interest rates than
other banks
Customers friendly staff.
Strong base in rural
areas.
Weakness:

Customers are not fully
aware of various services
provided by the bank

.
Opportunities:
In INDIA people related to
agriculture and small
scale industries need
more finance and
services related, so it is
an opportunity for bank to
grow.
Mainly concentrated in
three districts of
Himachal, so it can
expand its branches to
other districts.

Threats:

Competition among banks
is main threat for the
bank.
Suggestions
More awareness has to be created regarding the products
offered by K.C.C Bank. The customers are not aware of all
the products offered to them and the facilities provided. So it
is suggested that pamphlets should be sent to customers to
make them aware about the latest policies and schemes.
Facilities like Income Tax certificate should be sent to the
customers by post. This facility is only available to outstation
customers only.
The documentation process for taking a loan should be short
and simple.
.


New loan schemes should be introduced to fulfill the needs of
the weaker sections of the society.
To develop Express DD counters at various branches from
where Demand Drafts can be purchased without any waiting
time.
To open & develop NO HOLIDAY branches to extend the
business hours for public transactions during 365 days in a
year.
Proper guidance should be given regarding latest policies of
K.C.C BANK.