Vol. 12, Issue 1 (2023)

Author(s):
RD Bhave, SR Torane, SS Manerikar, DB Malave and PJ Kshirsagar

Abstract:
The present study was conducted to find out the progress of Ratnagiri District Central Co-operative Bank Ltd (RDCC) using various parameters. The study was based on Secondary data obtained from the Ratnagiri district central co-operative bank Ltd's annual reports. The information about RDCC bank was gathered from various annual reports (over the last 11 years) and some bank reports and statements. Total data for 39 years, from 1983 to 2021, were collected and divided into three periods, I, II, and III. The various indicators for the fiscal year 2020-21 indicated that the bank's financial position is good, and it is spread across the district with a large network of 80 branches. In overall study period, from 1983 to 2021, the compound annual growth rate for the number of employees was 0.15 percent, indicated just 0.15 percent increase. The linear growth rate, for overall period in number of employees was just 0.56. The linear growth rate during last 39 years for Share Capital was Rs. 144.32 lakh per year and Compound growth rate was 13.9 percent per year, which was statistically significant at 5 percent level. In overall study period (1983 and 2021), the linear growth rate for investments was found to be Rs. 2040.93 per year and the compound growth rate was 12.8 percent per year. The highest percent of recovery of loans was 96.99 percent in last decade ending by 2021. In last 39 years the total percent increase in percent of recovery of loans of the bank over base year 1983 was 53.85 percent. The study concluded that, The Ratnagiri district central co-operative bank Ltd. have made a substantial progress in case of share capital, Reserve and other funds, owned funds, external loans, Deposits, Loan and advances, Investment, Total Working Capital, Percent of recovery of loans.