Cooperative Banks in Jammu & Kashmir

There are 9 banks in all in the Cooperative Sector in the J&K State. Of these 4 are Non-Urban Banks and 4 Urban Banks. J&K State Cooperative Bank for Agriculture and Rural Development (SCARDB) is the 9th Bank. The 4 Urban and Non-Urban Cooperative Banks are as follows:

Non-Urban Cooperative Banks:
1. J&K State Cooperative Bank
2. Jammu Central Cooperative Bank
3. Baramulla Central Cooperative Bank
4. Anantnag Central Cooperative Bank

Please click here to view the Financial Parameters of Short Term Cooperative Credit Structure in the State of Jammu and Kashmir as on 31st March 2007

Urban Cooperative Banks:
1. Jammu Citizen's Cooperative Bank
2. Urban Cooperative Bank, Anantnag
3. Devika Urban Cooperative Bank, Udhampur
4. Kashmir Mercantile Cooperative Bank, Sopore.

Please click here to view the Financial Parameters of Cooperative Urban Banks, J&K State as on 31st March 2007

J&K State Cooperative Bank: The bank was established on 4.7.1954 and commenced its operations on the same day ... more

Jammu Central Cooperative Bank: The Jammu Central Cooperative Bank (JCCB) was established on 30.4.1914 ... more

Baramulla Central cooperative Bank: The Bank was established on 9 July, 1920 with districts Baramulla and Kupwara as areas of operation Acts as DCCB for these districts only ... more

Anantnag Central Cooperative Bank: The Anantnag CC Bank was established on 21st February, 1923, its areas of operation covers the districts of Anantnag and Pulwama ... more

Urban Cooperative Banks: These banks deal in consumer and non agriculture business and are operating in competition with the commercial banks in their respective areas. The working of these banks is directly regulated and monitored by the Reserve Bank of India.

The area of operation of these banks is limited to their districts. The Kashmir Mercantile Bank operates within the precincts of the apple-rich town of Sopore. It is a single-branch bank. So are the Urban Bank at Anantnag and the Devika Bank at Udhampur. However, the Citizen Cooperative Bank has 11 branches in District Jammu. Accordingly, its volume of business is quite large.

State Cooperative Agriculture & Rural Development Bank: was established on 4th October, 1962 and commenced its operation in 1964. The area of operation of the bank covers the entire State. It has 35 branches It           has the status of Apex bank . This bank mainly provides credit to individual farmers.

Links to the respective Banks in brief:

State Cooperative Agriculture & Rural Development Bank
J&K State Cooperative Bank
Urban Cooperative Bank, Anantnag
Devika Urban Cooperative Bank, Udhampur
Citizen Cooperative Bank Limited, Jammu
Kashmir Mercantile Coop. Bank, Sopore
Anantnag Central Cooperative Bank
Baramulla Central Cooperative Bank
Jammu Central Cooperative Bank

Financial Parameters of Agriculture Banks in Cooperative Sector for the year 2005-06 (Rs. In lacs)

NB:

*          JKSCB   J&K State Cooperative Bank, Srinagar
*          JCCB   Jammu Central Cooperative Bank, Jammu
*          ACCB Anantnag Central Cooperative Bank, Anantnag.
*          BCCB  Baramulla Central Cooperative Bank, Baramulla.

Financial Parameters of Urban Coop. Banks of Cooperative Sector for the year 2005-06 (Rs. In Lacs)