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State Cooperative Banks (SCBs) |
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Share Capital |
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The aggregate paid up share capital of SCBs increased to Rs. 1135 crore as on 31 March 2006 from Rs.1023 crore as on 31 March 2005. |
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Out of the 31 SCBs, 6 SCBs are not complying with the provisions of section 11 (1) of Banking Regulation Act 1949(AACS) as on 31 March 2006. |
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| Deposits |
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Deposits of SCBs increased to Rs.45403 crore as on 31 March 2006 from Rs. 44331 crore as on 31 March 2005 registering a growth rate of 2% over the previous year. |
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| Credit Outreach |
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The aggregate loans issued by SCBs increased to Rs.48260 crore during 2005-06 from Rs.46234 crore registering a growth rate of 4% over the previous year. |
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Total loans outstanding of SCBs increased to Rs.39817 crore as on 31 March 2006 from Rs.37361 crore registering a growth rate of 7% over the previous year. |
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| Recovery Performance |
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The percentage of loan recovery of SCBs increased to 87 during the year 2005-06 as compared to 86 in the previous year |
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| Costs and Margins |
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The average return on funds (all India average) as percentage to working capital stood at 7.10% |
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Average cost of funds stood at 4.60%. |
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Transaction cost increased to 1.49% from 1.32% during previous year. |
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Average financial margin was 2.50%. |
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SCBs as a group earned a net margin of 0.63%. |
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As compared to a net margin of 0.46% during the previous year, 4 SCBs in the states viz. Assam, Manipur, Nagaland and Tripura had a negative net margin. |
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| Profitability |
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SCBs posted net profit of Rs.408.42 crore during 2005-06 as against Rs.350.80 crore in 2004-05. |
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4 SCBs reported loss amounting to Rs.29.85 crore. |
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Non-Performing Assets (NPAs) |
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SCBs reported NPAs at 15.97% of their total loans and advances outstanding as on 31 March 2006 as compared to 16.27% as on 31 March 2005. |
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Amount of aggregate NPAs are reported at Rs.6360.39 crore during 2005-06 as against Rs.6077.91 crore during 2004-05. |
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Accumulated losses |
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The accumulated losses of SCBs as a group declined to Rs 274 crore as on 31 March 2006 from Rs. 305 crore as on 31 March 2005. |
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| Management of Cooperatives by Elected Boards |
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Elected Boards of Management in 12 SCBs stood superseded as on 31 March 2006. |
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