Saturday, 23 July 2016

ස්තුතියි ඔබට...............

ඌවේ සමුපකාර අන්තර්ජාල බිහිදොර Web Portal of UVA Co-Operatives

ඌව පළාතේ සමුපකාර ව්‍යපාරය ලොවට ගෙන යන බිහිදොර The gateway to the world co-operative movement in the Uva Province


 පරිශිලන වාර 5000 පසුකරයි.
මෙම වෙබ් අවකාශය පරිශිලන කල ඔබට,
මාව දිරිමත් කල සැමට,
අදහස්, විවේචන, හා යෝජනා කල සැමට
ස්තුතියි බෙහෙවින්ම.

විකිපිඩියා වෙබ් අඩවියේ සමුපකාර යන මාතෘකාව


සිංහල විකිපිඩියා වෙබ් අඩවියේ සමුපකාර යන මාතෘකාව යටතේ පිටුවක් සකස්කර ඇත. එය සංවර්ධනය කිරිමට ඔබගේ දායකත්වය ලබා දෙන්න.

https://si.wikipedia.org/wiki/%E0%B7%83%E0%B6%B8%E0%B7%94%E0%B6%B4%E0%B6%9A%E0%B7%8F%E0%B6%BB%E0%B6%BA

Sunday, 17 July 2016

2016 අංක 6 දරණ ක්ෂුද්‍ර මුල්‍ය පනත

2016 අංක 6  දරණ ක්ෂුද්‍ර මුල්‍ය පනත

පහත සබැඳියන් ඔස්සේ භාගත කරගත හැකිය.

සිංහල - http://documents.gov.lk/files/act/2016/5/06-2016_S.pdf

දෙමල - http://documents.gov.lk/files/act/2016/5/06-2016_T.pdf

ඉංග්‍රිසි - http://documents.gov.lk/files/act/2016/5/06-2016_E.pdf


බලාත්මක කල ගැසට් නිවේදනය.

සිංහල - http://documents.gov.lk/files/egz/2016/7/1975-02_S.pdf

දෙමල - http://documents.gov.lk/files/egz/2016/7/1975-02_T.pdf

ඉංග්‍රිසි - http://documents.gov.lk/files/egz/2016/7/1975-02_E.pdf

Ratnagiri District Central Co.op.Bank Ltd. Ratnagiri


Ratnagiri District Central Co.op.Bank Ltd. Ratnagiri
The Ratnagiri District Central Co operative Bank registered on 24th May 1957 and actually started the working on 5th December 1957. The opening ceremony of the bank was held on 5.12.1957 under the chairmanship of the former president of the Maharashtra State Co operative Bank Ltd. Mumbai, Lt. Shri Ramanlal Saraiya. Basically bank was registered for ‘United Ratnagiri District’, when it was not splited, comprising today’s Ratnagiri and Sindhudurg districts.

After Separation of Ratnagiri and Sindhudurg District. The Ratnagiri District Central Cooperative Bank established as on 1st July 1983 having the register license no. RTG/BNK/1427. Reserve Bank of India had given permission to do banking business through license no. RPCD/BMO/69-C dated 1995.This License was renewed on 20th Dec.2011 with RPCD(MRO)/1257/18-01-038 year 2011-12
Ratnagiri District comprises 9 tehsils (Blocks) namely Mandangad, Dapoli, Khed, Chiplun, Guhagar, Sangmeshwar, Ratnagiri, Lanja and Rajapur.

Ratnagiri district has a coastline of near about 300 kms. with beautiful beaches impressing and stretching visitors and tourists. A green, beautiful and uncommon biodiversity with medicinal and ornamental plants and forests on Sahyadri mountain towards the eastern side of the district. Due to heavy rainfall there are so many waterfalls attracting tourists in every monsoon.

Alphanso mango, Jackfruit, Cashew, Arecanut, Coconut, Kokum etc. fruit crops and wild fruit species, generally known as ‘Konkan Meva’ are seen everywhere in Ratnagiri District. Major Cereal crop of the konkan region; that is Paddy is grown all over Ratnagiri District. The Nagali, vegetables and other crops are also grown on small scale by the farmers.

Fishery is the main occupation is observed at the coastline region of Ratnagiri District. There are many Fishing Co operative societies in Ratnagiri District and they are giving loan to fishermen on large scale. Ratnagiri District Central Co operative bank is financing facilities to these co operative societies.

There are food processing unit of mango, cashew nut and other fruit crops in Ratnagiri district and they are contributing in the economy of Ratnagiri district as an agro based industry.
The bank was established for significant enhancing economic condition of farmers and other needy people of the district after independence. And therefore the Ratnagiri district Central Co operative Bank is financing to small, marginal and large farmers for crop production, land development, erecting and establishing various agro base industries.

Ratnagiri district Central Co operative Bank is also financing on large scale to the Employee’s Co operative Credit Societies, Housing Societies, Labour Co operative Societies, Industrial Co operative Societies, Self Help Groups and other government schemes which are useful for eradicating poverty.
Bank has secures very nice position in Maharashtra state in all the respect without any compromising in administration, banking, procedure and in following standard norms stipulated by NABARD. Now bank has zero NPA with good net worth and CRAR. Within a short period it is presumed that bank will secure 1st position in co operative banking in Maharashtra state.

General information of Ratnagiri District & RDCC Bank:-

1. Total population – 16,15,069
2. Farmers – 3,37,421
3. RDCC BANK Members- 1986
4. Individual members -23

5. Primary Agricultural Co operative Societies-409
6. Dairy Co operative Societies - 139
7. Goat Sheep Co operative Societies -125
8. Fisheries Co operative Societies - 92
9. Employee’s Co operative Societies – 78
10. Nagari Cooperative/Urban cooperative Societies – 245
11. Kharadi – Vikari / Processing /Consumer Cooperative Societies – 92
12. Industrial Cooperative societies – 118
13. Housing Cooperative Societies – 160
14. Fedaral – 8
15. District Board oversees the transportation laborers/Self-employment, unemployment - 260
16. Other cooperative – 237

http://www.ratnagiridccbank.com

The Maharashtra State Co-op. Bank Ltd., Mumbai

Brief History

The success of co-operative movement depends much less on the growth of the number of societies than on the moral basis of the shareholders.– Mahatma Gandhi
The co-operative movement in India traces its origin to a period as early as 1904, when the Co-operative Credit Societies Act was enacted. As far as co-operative sector is concerned, Maharashtra is the most developed state in the country. There is hardly any village in the state which remains untouched by the co-operative movement and hardly any important economic activity that is not covered under a co-operative fold. The co-operative movement in Maharashtra is nourished by a three-tier co-operative credit structure, at the helm of which is The Maharashtra State Co-operative Bank Limited (MSCB). At the middle level are 31 District Central Co-operative Banks (DCCBs) and at the bottom level, over 21269 Primary Agricultural Credit Societies (PACS) are functioning.
The MSC Bank serves as a balancing center for the surplus resources of co-operatives in the state and thereby ensures their multifaceted development and prosperity. Needless to say that MSC Bank is the biggest co-operative bank in the country. Besides, it is the only co-operative bank in India which has figured 9 times among the top 1000 banks in the world on the basis of financial soundness (Capital Adequacy) as surveyed by ‘The Banker’ published from London, periodically. The bank is listed in Schedule II of RBI Act 1934.

The network of the co-operative Credit structure in Maharashtra

Sr. No.The Maharashtra State Co-op. Bank2013-14Co-operative Credit Structure
(Maharashtra State)
2013-14
1Head Office (Mumbai)1No. of DCC Banks31
2Administrative Office (Vashi)1No. of Branches of DCCBs3711
3Regional Offices4Total No. of PACS21269
4Pay Offices2Members of PACS11141670
5Divisional Offices8Borrower Members4879198
6Branches43No. of Urban Co-op. Banks520
7Extension Counters3No. of Branches of Urban Co-op. Banks4426
8CTS Service Centers7No. of Urban Co-op. Cr. Sty’s. (Mar 09)26629
The twin objectives of MSCB is to promote and propagate the creation of a Co-operative Commonwealth through socio-economic transformation of the community by following co-operative principles by adopting democratic means. It means elimination of individual profit, distribution of surplus earnings according to the established law & regular practice and readiness to work for a common cause.
The business of this Bank shall be carried on and managed by elected Board of Directors. The maximum number of elected members of the Board shall not exceed twenty one. At least TWO directors on the Board of Directors of the Bank should meet the criteria of expert director mentioned in Bye-law 2(i). The Board meets as often as may be necessary, but at least once in two months and exercises overall control over the working of the Bank. From the Board of Directors, are constituted three sub-committees, viz. Loan Committee, Executive Committee and Staff Committee.
Loan Committee considers Loan proposals, requests for opening inland and foreign letters of credit, issuance of bank guarantees on behalf of co-operatives and other constituents.
Executive Committee considers issues like admission of members, allotment, transfer and redemption of shares of the Bank and other administrative and working operational matters.
Staff Committee decides matters exclusively related to staff, such as recruitment, appointments, promotions, training needs etc.
The first two committees meet alternatively once in a fortnight, while the staff committee is expected to meet quarterly. The General Body of Members meets once in a year. The day-to-day working of the Bank is supervised by the Managing Director with the help of senior colleagues.
Board of Administrators consisting of 2 members has been appointed by the State Government to carry on business of the Bank since 7th May 2011 in more professional way.
Over the years, MSCB has been fortunate in having the guidance of eminent personalities in different walks of life. To mention a few are successful businessmen like the late Mr. Lallubhai Samaldas, Mr. Vaikunthbhai Mehta, Mr. V. D. Thackersey and intellectuals like professor D. G. Karve, Dr. Dhananjayrao Gadgil and Mr. R. G. Saraiya who have helped the Bank to grow in stature and strength.
The Bank was originally registered as The Bombay Central Co- operative Bank Limited in 1911. However, it’s fore-runner The Bombay Urban Co- operative Credit Society was formed on 23-01-1906. With the passage of time, the Bank underwent a few constitutional changes before it acquired the present status, viz. The Maharashtra State Co-operative Bank Ltd. (Incorporating the Vidarbha Co-operative Bank Ltd.) on 1-5-1961 under the Registration No. 359 following the reorganization of states on the linguistic basis. It is interesting to note that as a result of constitutional changes, The Bombay Central Co-operative Bank Ltd. became known as The Bombay Provincial Co-operative Bank Ltd. in 1923, which from 1952 was recognised as The Bombay State Co-operative Bank Ltd.
Initially, the Bank laid emphasis on the establishment of live contacts with villagers, which gave impetus to the opening of branches in the state. The Bank’s credit and marketing activities were combined in its rural branches. However, in due course the Bank encouraged the formation of separate marketing societies and transferred the business to them. With the evolution of three-tier co-operative credit structure (PACS, DCCBs, MSCB), the Bank transferred its credit business to the newly established Central Financing Agencies, i.e. Districts Central Co-operative Banks. This paved the way for linking credit with marketing in the co-operative domain.
To widen the scope of co-operative activities, the bank has helped substantially in promoting not only new co-operative ventures, but also extended technical guidance and managerial expertise to them. Indeed, the Bank has a lion’s share in promoting the first co-operative sugar factory in the country at Pravara Nagar in Ahmednagar district. To promote its activities on a greater scale, the Bank constituted within itself a separate cell, viz. Co-operative Industries Commission, by drawing experts from various universities, technical institutes, industrial houses and consultancy organizations. The bank thus gave fill up to the organization of co-operative and ancillary industries for the production of agricultural inputs such as fertilizers, agricultural machinery like oil engines, pump sets, tractors, etc. The bank also helped to set-up secondary and tertiary industries manufacturing paper, alcohol and lately ethanol based on the by-products of the agro processing industries. Today, the Bank is helping sugar factories in setting up the co-generation projects.
These agro based processing units are financially helped by MSCB & some of these units have promoted and/or helped the localities to start up the professional educational institutes viz. Medical Colleges, Engineering Colleges etc. and spread the education which was dream in semi-urban & rural vicinities.
But this is not surprising given the social commitment of the bank since its inception. Accordingly, the bank has constituted a Credit Stabilization Fund to ably meet natural calamities and at the same time created a Special Credit Stabilization Fund for strengthening Fishery, Agro Co-operatives. The funds are used to rehabilitate poor farmers through PACS and DCCBs.
Another feature of the working of MSCB is the introduction of the Crop Loan System. It was evolved by MSCB jointly with some District Central Co-operative Banks in the state. Following its success, the scheme evoked wide-spread interest and similar experiments were launched in other districts of the state. Ultimately, the scheme was adopted by the Reserve Bank of India for its implementation throughout the country. The Bank thus proved to be a pioneer of the time-tested Crop Loan System.
Apart from this, the Bank took innovative measures to provide facility for issuance of Demand Drafts by devising the Mutual Arrangement Scheme way back in 1931. This scheme for co-operative banks in the state inspired National Federation of State Co-operative Banks (NAFSCOB) to introduce a similar scheme for co-operative banks in the entire country from the sixties. Obviously, the Bank had a lion’s share in its formulation.
There are 31 DCC Banks in the State, out of which 30 Districts Central Co-operative Banks in the state which primarily cater to the financial needs of the agricultural sector. In this endeavor of the District Banks, MSCB plays a pivotal role by providing refinance. The Bank also extends its services to DCCBs and Urban Banks for investments of their funds in government securities by opening Constituent Subsidiary General Ledger (CSGL) accounts. Bank has sanctioned Import/ Export limits to PCB’s / DCCBs on behalf of their customers and helping to promote their forex business. While lending, emphasis is laid on financing Integrated Rural Development Schemes presently known as “Suvarna Jayanti Gram Swarojgar Yojana” to spur multifaceted development of shareholder PACS who are below poverty line, as well as financing schemes of national importance like Bio-Gas Development etc. Thus, waste resources are put to the best use and thereby pollution is minimised. Those district banks which are not eligible for loans under NABARD’s refinance facilities are also provided financial assistance by the Bank out of it’s own resources at the concessional rate of interest. Another salient feature of the financial assistance extended by MSCB is that although it caters mainly to the needs of the agricultural sector, it takes care of financial needs of the non-farm sector also by providing refinance facility to district banks under NABARD’s general refinance and composite loan schemes to enable them to help rural artisans and small scale industries.
To accelerate the region wise growth of co-operative sector, MSCB opened its Regional, Divisional and Pay Offices. It was felt that this step would take the Bank closer to its customer spread over the state and enables it to serve them better. These offices arrange finance to DCCBs & other Co-operative Institutions and at the same time act as supervisors, closely monitoring Bank’s loans and advances.

Kolhapur District Central Co-operative Bank

Introduction

High Lights

Co-operative movement in India has spread in all the spheres of economy. It has made significant development in sugar and dairy industries in Maharashtra, which is a leading state in the country in cooperative development. Obviously cooperative credit has lion’s share in these developments. The Kolhapur District Central Cooperative Bank Ltd., Kolhapur was set up on 1st October 1938 to meet the credit needs of some part of the Kolhapur district where remaining part was being financed by the apex bank. In the year 1952 the bank has been allocated the service area of the apex bank since then the Bank acts as a Central Cooperative Bank for the entire district in the three-tier Cooperative credit structure of ST. The Bank was granted a License in November 1980 by the RBI under section 22 of BR Act 1949 (AACS).

Bank’s Objectives :

The objectives of the bank, among others, are to finance cooperative societies, to carry on banking business, to arrange for supervision of affiliated cooperative societies to act as a balancing center for the surplus funds of the societies.

Members :

The Bank functions at district level as federal body of the credit cooperative societies. There are 10678 society members of the Bank out of which 1850 are PACS & 710 are individual members as on 31/3/2012.

Management :

Management of the bank is vested with Administrator.

Financial Resources :

The financial resources of the Bank include share capital, funds, deposits and borrowings. The authorized share capital of the Bank is Rs.200.00 crores. The paid up share capital is Rs. 114.75 crores while reserve funds are more than Rs.321.28 crores as on 31st March 2012.The Bank has initiated special efforts for deposit mobilization as per the NABARD’s policy of reducing dependence of cooperative banks on borrowings. Keeping this in view, the Bank launched special drive of deposit mobilization. As on 31 March 2012, total deposits are Rs. 1988.32 crores.
Apart from refinance facility of NABARD the bank borrows from apex bank as and when required Total borrowings of the bank are Rs. 56.58 crores as on 31.03.2012.

Investments :

As per RBI guidelines, the bank has invested Rs. 770.53 crores as on 31-3-2012. The Bank has initiated dealings in the government securities as per RBI guidelines. Accordingly the Bank operatesSubsidiary General Ledger (SGL) account with The Maharashtra State Cooperative Bank Ltd., Mumbai. For trading of these securities, the Bank is having a separate account, Designated Fund Account (DFA),with the MSC Bank, Mumbai. However at present Bank has classified Investment in Govt. Securities into HTM( Held to Maturity) category .

Advances :

Taking into account the thrust areas, the Bank sanctions cash credit and term loans to the member societies for various activities such as crop production, minor Irrigation, animal husbandry, hi-tech projects, farm mechanization, marketing and processing, cooperative urban banks, urban credit societies, sugar factories, apart from the State and Central Government sponsored schemes. The total loan outstanding is to the tune of Rs. 1500.76 crores as on 31-3-2012.

1. Agriculture :

The crop loan policy of the bank is production oriented and recovery is motivated through linking. Sugarcane is a predominant crop in the district, which is having longer cultivation cycle compared to the other crops. Therefore, credit plays vital role in its cultivation. Besides sugarcane, groundnut and paddy are also grown on large scale in the district and the bank finances for their production.
In case of term loan, the bank finances small and big lift irrigation schemes for augmenting of sugarcane and other irrigated crop production. The bank also encourages adopting water saving irrigation systems such as drip and sprinkler on account of their additional merits like labour saving and minimizing chances of soil salinity.
Kolhapur District has brought white revolution and has become the largest producer of milk in the State of Maharashtra. Such herculean task could be achieved only because of the adequate. Finance is made available by the Bank to purchase Milch animals. Bank is also having policy to finance animal husbandry. The Bank has also initiated financing Hi-tech agricultural projects such as greenhouse for production of flowers and vegetables and food processing.

2. Non Agriculture :

Apart from the dairy development in the district, there are sizeable number of cooperative societies engaged in consumer services, salary earners credit societies, urban banks, industrial societies, rural artisans societies, etc. The Bank caters their needs of working capital and block capital.

3. Marketing And Processing :

Market channels of agriculture produce and agro services are well developed in the cooperatives sector in the district. The bank sanctions cash credit and term loans to meet their financial requirements.
Sugar cooperative, a unique feature of agro processing in the cooperative sector, is the cause of changing economy of the district. The financial assistance provided to sugar factories constitutes a substantial loan portfolio. The bank sanctions working capital as well as term loan to these factories for their erection, modernization and expansion . The bank also caters the financial needs of the spinning mills and textile processing units for meeting their working capital and block capital requirements. Beside these, the bank encourages establishing food processing units through finance in the district. Some of the processing units are export oriented.
Apart from refinance facility of NABARD the bank borrows from apex bank as and when required Total borrowings of the bank are Rs. 56.58 crores as on 31.03.2012.

Business Development :

The Bank contributes significantly in the District Credit Plan (DCP) which is prepared by 30 participated banks. The Bank’s commitments for the development of rural, agriculture and weaker section is reflected in its involvement in the priority sector finance. Against the given target, the Bank achieved 79 % during financial year. For the year 2012-13 the Bank’s involvement is 37 % in the total DCP outlay of 2875.75 crores.
As per the policy of NABARD on Vikas Volunteer Vahini (VVV), the bank has promoted 305 farmers groups in the district. All these groups of volunteers are acting as facilitators for the bank as well as for the Government departments for grassroot development. The bank has also decided to make involvement of VVV club in promoting, linking and monitoring SHG effectively.
Keeping in view the involvement of women in almost all activities in agriculture and allied activities the bank has now implemented the SHG programme. The bank has formed more than 24578 SHGs as per NABARD’s guidelines. The total loan of Rs.22.41 crores has been sanctioned to 20388 Self Help Group (SHG) while Rs. 21.84 crores has been sanctioned to 1937 SGSY groups (upto 31/03/2010) in the district and made them easy access to the credit.

Development Action Plan(Dap) :

Based on the salient features of the Development Action Plan (DAP), the bank has signed Memorandum of Understanding (MOU) for achieving a higher growth and better quality in the bank operations. The bank has registered significant achievements in many of the parameters stipulated under MOU. To enhance the efficiency and to remove the bottleneck in the day to day functioning, the Bank has set up a Think Tank of higher officers.

Credit Monitoring Arrangement (Cma)Cell :

Introduction

NABARD has introduced the Credit Monitoring Arrangement (CMA) in lieu of Credit Authorization Scheme (CAS) under which the Bank has to obtain prior authorization from the NABARD for sanctioning working capital and term loans beyond certain cut-off points. However, under CMA Bank has to fully satisfy itself about technical feasibility, financial viability, credit worthiness, adequacy of margin, security etc. for quality lending. While taking decisions in these aspects the Bank has to consider exposure as well as other prudential norms so as to minimize risk in over all finance, in general and sugar industry finance in particular for the Bank. For this specific purpose the Bank has set up “Credit Monitoring Arrangement Cell (CMA)”.

Computerisation, A.T.M. :

In the present scenario of modernization & competition, the bank has undertaken C.B.S. for the further enhancement of speed and accuracy in operations. The Bank has also installed sophisticated Automated Teller Machine (A.T.M.) in the head office premises, which serves 24 hrs of banking service to customers conveniently.

Appreciations :

The Bank has bagged many awards at state and regional levels for the better performance. Bank has been awarded by NABARD state level Third for higher number of SHG linkage.

YOUTH DEVELOPMENT CO-OP BANK LTD



About Us
Prof. Subhash Rane founder- Promoter alongwith  his companions M/s. Balasaheb  Patankar, Prof. Jaykumar  Desai,  Abdul Karigar, Arun Narke, Mahadeorao Mahadik,  Chandrakant  Jadhav,  R. P. Patil, Vikas Satpute, Adv. Vijaysinh  Nimbalkar and Anandrao Patil (Kaulavkar)  registered the Bank on 16-06-1975  with a view to establish  a financial institute  on the principle  of cooperation  by the youth  for development  of youth  to make them independent  on their own feet.  At that  time, Mumbai Door Darshan took cognizance  of the youth movement and released  an  extensive  interview with the founder. Youth Bank was felicitated, at this juncture,  for having established the first  Bank in Asian continet   on the principles  of cooperation  by youth   and for youth. In the first year  itself, the Board  of Directors  of the Bank  surprised  Bank’s  members by achieving profit  and declaring dividend  of 1.5% . But  the members sacrificed  the amount  of dividend  to Building  fund  of the Bank voluntarily  and this  tradition  was followed without any break for 15 years  continuously. Bank could purchase the  premises  of it’s own of  5000 Sq. Ft. at Venus Corner, Kolhapur  at Dr. Pendharkar  Complex at 1st Floor in the year 1991  by unselfish  sacrifice  of its  members of their dividend  of 15 years. Today  bank is functioning  it’s  three branches and Head office in it’s  own  premises those are purchased out of it’s  own  funds. 

Bank treaded  it’s  difficult path  during  the first  five years from it’s  inception and out of difference of opinion  election  on the  Board  of Directors  took  place  once only in the year 1981  in  the total history of Bank. For a short while  it  was  administered by an  Administer also. The tempo of the election was very high but bitterness was avoided . It  is  a pleasure to note that thereafter  election  never took   place.  Every  time,   with the consent of all,  unopposed elections  took place since 1981  to 2009 covering a quarter of century which  can be said  thereby putting a  role model  for  Maharashtra  by Youth Bank. Infact, the Board of Directors is comprised  of different leaders from different political parties from the District , but yet there is no politics in the cooperation.  With this unique thought,  unity has been safeguarded. 

Erstwhile Chairman Adv. Vijaysinh Nimbalkar alongwith his colleagues fetched  RBI licence by all efforts  on 24-03-1983 and Youth Bank  was the exception  to have   procured the licence in those days.

Once after procuring   Banking Licence bank did not turn  to look back. During the last two decades bank achieved tremendous and successful development under the leadership of Chairman Shri Arun Narke. It was a great   ride leaving  other well established banks far behind that was appalling to others. Bank’s  logo which is familiar was  created on  1st April 1991.  Burden of evergreen nature of earth has been controlled by strength of both hands of youth  and  by image of key, safety and security  has been made sure. Such a logo having such a wonderful  idea was chosen by holding competition and the novel idea was of Climax Advertising. 

Youth  Bank is the First Bank from Western  Maharashtra amongst Cooperative  Banks to have adopted technically advanced software and had computerised bank by on line system. That time, even nationalized and private sector banks from this area were not at all introduced  computerization. Bank is pioneer  in Cooperative  Banking sector from the Western Maharashtra to have installed Core Banking  Solution and has started Any Branch Banking, SMS Banking (Alerts)  and unique ATM facilities to it’s customers.  Bank’s ATM card  can be operated in any ATM  centre  throughout  India and its ATM facility is available for 24 hours and Master, Visa and RuPay  Cards of any banks can avail   of our ATM centre facility. Further , Bank’s  ATM Card is unique in the sense that  Cheque Book   Request and Request for Deposit can be passed through ATMs. 

While carrying  out banking business,  Youth Bank never deviated   from its main social  responsibility  and motto. Bank is continuously striding forth   to  foster  financial  help and guidance to youths.   After  the sad demise of able and active Director Captain Deepak  V. Shinde ,Nesarikar in the year  1984, bank started to arrange blood  donation camps on  7th November, his death anniversary  day every year. Thousands of blood bottles have been donated  by bank till today. Directors, employees, members,  customers and wellwishers  participate in this venture every year. Bank encourages  NGOs, their  volunteers, artists, sportspersons and students  always  and extends  cooperation for social, cultural, sports and environmental  activities aggressively.  

Bank’s  employees have contributed a significant share in it’s development. Well trained and, in need,  without looking  in to  office hours continuously   devoted employees  of the bank are assets to it. Relationship  of management with that of employees  is just like  a family  and always cordial. Employees are leading  in various fields. Banks cricket team is famous  one and  Athlete  Pandurang Patil, Wrestlers Datta Phadtare, Ananda Jadhav  et  al  are winners at all India  level.  Employees  alongwith  handsome  salary  are offered Bonus, Mediclaim, Gratuity , LTC and  loan facilities  for housing and purchase of two wheelers. They are motivated  for furtherance  of advanced education  by offering incentive  in additional salary increments.  

There is no surprise that the bank extended  its area of operation. Today Bank is having  its own premises  for Head office and extending  services to public through 12 branches situated at Shahupuri, Laxmipuri , Mangalwar Peth, Jaysingpur , Kasba Bawada,  Market Yard, Shiroli Pulachi, Gokul Shirgaon (MIDC), Nagala Park, Jaragnagar,  Kalamba  and Gadmudshingi  and 2 extension  counters at Rajaram Sugar Factory  and Gokul Dairy. Bank has won Best Bank Trophy  twice  in the year 1975 and 1999  awarded  by  Indian Banks Association’s  Bank Sports at All India level.  Bank has also  won  fifth time Awards  from Banking  frontiers  Magazine  for outstanding  performance in Information Technology  at all India  level from Cooperative Banking sector.
Future Targets
  • Bank has always  stressed  on qualitative  growth  than statistical   one. The graph of growth in quality is on increase. It is our aim to render excellent services  to the customers to their  delight.
  • To procure direct membership from RBI for RTGS/NEFT facility.
  • Our endeavour will be always  to give  customer service at par with that  of commercial banks by using  innovative  and  advanced information technology.
  • Bank  is developing it’s  strategy  to offer facility  to its’   accounts holders to pay their  BSNL/Mobile/MSEB/Insurance  premium/DTH Recharge of bills.
  • It is envisaged   to offer facility  of fund transfers via Mobile  Phones  from one customer  to others called as IMPS ( Inter  Bank Mobile  Payment System.)
  • In future, Bank will provide Debit Cards to its’  customers for use of Shopping, Hotelling , Railway/Air  ticket booking  etc.
Achievements

  • Out of 15 offices of the bank including Head Office, 4 Offices are situated in its own buildings.
  • Bank has crossed  milestone of   100 Crores on 31.03.2011.
  • Bank is an Associate Member  of Indian Banks’ Association  and had  successfully organised an Athletic Competition  in the year 2000  with the Indian Banks’ Association’s  Sports  Board  at  All India Level.
  • Bank  is pioneer to have computerised  all it’s  operations  in Kolhapur District in Cooperative  Banking  Sector. This position is continued  by the bank by adopting advanced technology  to have introduced  Core Banking  Solution.
  • Bank is pioneer to have given  facility to all  its’ customers to operate  their ATM Card throughout  India  from Kolhapur District’s  Cooperative  Banking Sector.
  • Bank  has been awarded Five times for excellent   IT  development   in Cooperative  Banking  Sector.
  • All  customers from all the branches  can  transact 365 days  from Bank’s Mangalwar Peth Branch.
  • Bank  has won  Indian Banks’  Association’s  Best Cooperative  Bank Rolling  Trophy twice for sports.
Value Added Services

LIGHTHOUSE COOPERATIVE

COOPERATIVE HISTORY

In the spring of 1997, the Everett Public Schools approved a proposal for an elementary cooperative put forth by a small group of parents previously involved with a college run co-op preschool. The pioneer Lighthouse Elementary Cooperative kindergarten class, initially known as COMPASS Parent Cooperative, was housed in a portable at Cascade High School with the Madison Elementary School principal overseeing the program.The following year Lighthouse Elementary Cooperative moved to Lowell Elementary with one 1st grade class and an incoming a.m. and p.m. kindergarten class. Lighthouse Elementary Cooperative has continued to change and has grown into a Kindergarten through 5th Grade cooperative. In 2001 the Everett Public Schools did a reboundary of all the elementary schools and Lighthouse Elementary Cooperative was split between Lowell and Jefferson. We were excited when the decision was made to reunite the program at one site in the Fall of 2005 and we were successfully housed at Jefferson Elementary School where we remain today.
LIGHTHOUSE KIDS RECEIVE:
  • More individual attention
  • Parents involved in their education
  • Hands on learning experiences
  • Small group learning
  • Creative work environment
  • Frequent field trips
  • Community involvement
LIGHTHOUSE PARENTS KNOW:
  • They belong to a community of like minded parents
  • The best way to help their children learn
  • They have a voice in the classroom
  • What their children are doing in school
  • They are helping create a positive, nurturing environment
  • Who their children’s friends are
  • They are giving their children the best they have, their TIME
A PUBLIC SCHOOL EXPERIENCE, EXCEPTIONAL RESULTS

For further information visit - http://www.lighthousecooperative.com/about_lighthouse.html