About Bank
The Adilabad District Cooperative Central Bank was established in the year 1941 with registration No.21512. The area of operation of the Bank is entire district covering 52 revenue mandals. The DCC Bank having 18 Branches covering the 60 PACS and extending the credit facilities to the members of the societies/ farming community. There are 282 functional societies which are affiliated to the Bank. The Bank is also extending credit facilities to the beneficiaries selected under Govt. sponsored and Rural Development Oriented programmes in the District.
The DCC Bank has issued 132252 CKCC cards to the borrowing members of PACS so as to provide timely credit to the member farmers of the societies.
Financial position of DCCB ADILABAD as on 28.02.2011
(Rs. in lakhs)
|
Sl. No. |
Particulars |
Position as on 28.02.2011 |
|
1. |
Paid up Share Capital |
2353.92 |
|
2. |
Reserves |
2088.47 |
|
3. |
Deposits |
8024.97 |
|
4. |
Borrowings |
6727.35 |
|
5. |
Loans & Advances |
11026.99 |
|
6. |
Loans issued |
7693.84 |
|
7. |
Working Capital |
18286.01 |
|
8. |
Investment |
6578.45 |
The Bank has introduced Gold loans and personal loans and issued total loan amount of Rs.500.00 lakhs. Further DCC Bank is preparing a short duration action plan to improve its diversified activities for improving the business and to earn more profits by end of June 2011.
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