Cooperative Credit Structure and Business Development in Andhra Pradesh
The cooperative credit structure in Andhra Pradesh, led by APCOB and DCCBs, is thriving with a focus on agricultural, MSME, and retail sectors. Business parameters show significant growth in deposits and loans over the years. Strategies for development emphasize farmer-centric approaches, technology adoption, collaborations, and professionalism. Business development initiatives include support for SHGs, FPOs, Gold Loans, and non-fund income businesses. Focus areas involve enhancing the role of cooperatives, catalyzing growth, and improving rural infrastructure.
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Co Co- -operative Credit Structure operative Credit Structure in Andhra Pradesh in Andhra Pradesh Moving Ahead ..
Cooperative Credit Structure Cooperative Credit Structure APCOB A Scheduled Bank All DCCBs are licensed Single Window Credit Delivery Agri (ST & LT), MSME Retail, etc Professionally managed and all are in profits Rural Cooperative Banks group is next to UBI, SBI and Canara Bank in credit to Agri & Allied sector. APCOB 18 Branches DCCBs 13 DCCBs - 425 Branches PACSs 2051 PACS Physiological
Business Parameters Business Parameters Rs. In Cr APCOB DCCBs Deposits Loans Business Deposits Loans Business 30588 41079 33234 22338 21050 28269 27449 25534 15825 21361 15596 13322 17461 16298 11820 10541 12810 11872 8250 9988 9236 5224 3776 2782 2018-19 2019-20 2020-21 2021-22 2018-19 2019-20 2020-21 2021-22
Business Parameters Business Parameters Rs. In Cr CCS Business Loans Deposits In AP, business growth in banking sector stood at 9.08% whereas business growth of APCOB is at 45.31% 88091 Total 64751 23340 16424 PACS 14144 2280 41079 DCCBs 28269 12810 30588 APCOB 22338 8250
Strategy for Development of CCS Strategy for Development of CCS The ABCD approach To promote and diversify business in a farmer centric approach A Business development B To adopt technology to bring reforms. Technology C To Collaborate with various stakeholders. Collaborations D To bring in professionalism and impart qualitative methods Human Resources
Business Development Business Development Thrust Institutional support Establishment of PDCs Thrust on SHGs, FPOs and Gold Loans Multi-dimensional Aggregation Sector Specific project like CHCs, AMUL Project, MFPC, Sthreenidhi. Started various Non-Fund income businesses like Corporate Insurance, E-Stamping services Targets Fixed targets and Development Action plans which changed the business orientation Approach Farmer Centric approach ST/LT/PACS as MSC etc.,.
Focus Areas Focus Areas SHGs AIF Multi Purpose Facility Centres Cooperatives missed the bus Less than 1% share (Loan o/s Rs. 30,000 cr) Catalystic / Disruptive role by reducing ROI 9% Share increased to 5% in one year Rural Godowns with Primary Processing facility Projects implemented by PACS Cost of Project Rs. 1661 crore Land, 10% margin and Loan guarantee by GOAP Streenidhi CHCs A credit co-operative of Women SHGs Major lendor Rs. 1500 crore Consortium of DCCBs & APCOB Fair Interest rates Custom Hiring Centres through JLGs Banker to Dept of Agriculture Over 10,000 CHCs Subsidy under ISAM
Technology Technology Core Banking Solution Core Banking Solution Uniform CBS across all banks under the CCS Office Digitization Office Digitization Implementation of E-Office for movement of Files Mini Branches Mini Branches Internal Network Internal Network Established COBNET for closing in the gap between Co- Operators Equipping PACS with Micro ATMs for making them Mini Branches Services Services Equipped with IMPS, Mobile Banking, Internet banking, Mobile ATMs on par with Commercial banks
PACS Computerisation PACS Computerisation - - Readiness Readiness Proof of Concept (PoC) done in 38 PACS Audit for 2021-22 completed in 1874 out of 2051 PACS Budget provision made for 2022-23 Constituted SLIMC & DLIMC GoI to permit us to computerise all PACS in a single phase.
Collaborations Collaborations 1st of it s kind PACS-RBK Integration Tie up with Depts of GoAP PACS-RBK Integration Collaborated with Commonwealth of Learning and ANGRAU for COL-L3E and L3F Projects Collaboration of with Oil Companies & Cement Factories Collaboration with Digital commerce platforms (Ninjacart) COL Interactive knowledge sharing NABARD supported in establishment of BDPIC HPCL - Setting up of petrol bunks in PACSs
Integration of RBKs Integration of RBKs - - PACS PACS Rhythu Bharosa Kendras (RBKs), a first of kind initiative in AP Supporting farmers from seed to sale Every village has one RBK - >10,700 no. RBKs are geo tagged to PAC Credit and non credit services.
Human Resources Autonomous Training Institute in Hyderabad. New one proposed in Kadapa Deputation of Senior Officers of APCOB as GM/OSD to DCCBs for supporting them in statutory aspects Transparent Amolorpavanathan recommendations implemented. Career Progression. committee Training Support HR Policy Recruitment through IBPS and Common recruitment for all DCCBs Introduced Test checks methodology preventing Frauds. Preventive measures Recruitment for Organization Development People Engagement Introduced SANGHAMITRA - PACS Adoption Policy Hello Project Walks Team APCOB,
PACS PACS - - HR Policy HR Policy Pay & Allowances Common Recruitment Career Progression Transfer Policy District Level Support Fund
Road map Road map Futuristic Approach Futuristic Approach PACS Computerization Brand Image Completion of Computerization of PACS by the end of FY 2022- 23 Target Build a common brand for all institutions under the umbrella of CCS Aiming to reach the top w.r.t lending to Agriculture sector in Andhra Pradesh Business 1.5 Lakh cr. combined business by end of FY 2024-25
A few challenges.. A few challenges.. Separate Refinance Exposure Policy by NABARD for SCBs with single window credit delivery (ST & LT) Membership in National Credit Guarantee Trustee Company (NCGTC) for providing credit guarantee for education loans Clearance for computerization of all PACS in one go Regulatory compliances Need for developmental approach Strengthening share capital of cooperatives through an appropriate mechanism by Government of India as grant in the days to come.
