National federation state co operative bank

1. National Federation of State Co-operative Bank

2. National Federation of State Cooperative Banks T he National Federation of State Cooperative Banks Ltd. (NAFSCOB),  was established on  19th May 1964 with a view to facilitate the operations of State and Central Cooperative Banks in general and Development of Cooperative Credit in particular. 04-02-2013 2 VAMNICOM,PUNE

3. National Federation of State Cooperative Banks Dr. Bijender Singh, MLA Chairman Shri B.Subrahmanyam Managing Director 04-02-2013 3 VAMNICOM,PUNE

4. The specific objectives of NAFSCOB are T o provide a common forum to the member banks to examine the problems of cooperative credit, banking and allied matters and evolve suitable strategies to deal with them. P romote and protect the interests of the member banks in all their activities and to give expression to the views of the member banks. C o-ordinate with Government of India , Reserve Bank of India respective State Governments, NABARD and other higher financing institutions for the development of cooperative credit on behalf of the member banks. 04-02-2013 4 VAMNICOM,PUNE

5. Cont. P rovide research and consultancy inputs to the member banks in order to facilitate them to strengthen their own organizations. O rganise conferences/seminars/workshops/meeting to share the views of common interest with a view to contribute for better policy decisions. 04-02-2013 5 VAMNICOM,PUNE

6. The Federation functions with three of its wings, Viz.: Planning Research and Development   (PRD ) 2 . All India Mutual Agreement Scheme  (AIMAS ) 3 . Computer Services Division  (CSD ) 04-02-2013 6 VAMNICOM,PUNE

7. Members State cooperative bank Dist cooperative bank Primary agricultural cooperative bank 04-02-2013 VAMNICOM,PUNE 7

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9. The Funds of the Federation shall be raised as under Annual subscriptions, contributions, services charges etc. at the rates fixed by the board from time to time from members only.   Donations, contributions, grants from members and others and also by way of loans obtained from the financing institutions and others.     Income from publications and journals, etc.   Grants and loans from the State Governments, the Central Government, National and International Institutions/Organizations . 04-02-2013 9 VAMNICOM,PUNE

10. Membership at National Level Organizations NAFSCOB as a National Level Organization is also member of the following National and International Organizations / Agencies : National Cooperative Union of India, New Delhi. ( NCUI ) The Indian Society of Studies in Cooperation, Pune. ( ISSC ) National Film and Fine Arts Cooperative Ltd. New Delhi ( NAFFAC ) Indian Banks Association, Mumbai ( IBA ) 04-02-2013 10 VAMNICOM,PUNE

11. Cont. Indian Tourism Cooperative Ltd. New Delhi ( Coop tour ) Cooperative Bank of India, New Delhi. ( COBI )   The Indian Merchant's Chamber ( IMC ) Centre for Monitoring Indian Economy Pvt. Ltd. ( CMIE )   Computer Society of India ( CSI ) 04-02-2013 11 VAMNICOM,PUNE

12. ACTIVITIES T o undertake relevant research studies in Agriculture and Rural Credit from time to time and suggest appropriate strategies. T o implement the All India Mutual Arrangement Scheme evolved in 1967, in order to facilitate the transfer of funds from one corner of the country. T o identify, formulate and evaluate the identified projects for the benefit of the member banks. 04-02-2013 12 VAMNICOM,PUNE

13. Cont. T o develop a library-cum-documentation center for providing research facilities to cooperatives. T o disseminate the information on latest technology, policies and any other aspects related to cooperative credit through the Federation's house journal viz. NAFSCOB BULLETIN . T o undertake any other activity for promoting, protecting and strengthening member banks. 04-02-2013 13 VAMNICOM,PUNE

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