A STUDY PERFORMANCE OF URBAN CO-OPERATIVE BANKS IN BEED DISTRICT

Development of country depends on the industrial and agriculture development of the country which requires the proper supply of funds at proper time. Urban co-operative banks plays significant role in meeting the requirements of small traders, agriculturists and middle income group people. At present there is highly competitive and globalized business environment, which needs a professional management for the successful controlling and managing the affairs of UCB. Moreover, political hindrance in co-operative sector has also affected the strong growth of the co-operative organization. One must remember that the economy is at a very challenging stage today. It is within these challenges that the banking industry faces the onerous task of ensuring proper consolidation and maintaining a healthy asset quality. We are no more mere domestic players. We are now a set of global players, which are happening in banking domain or the economy, be it in US, EU or even East Asia. Hence, the banking industry will have to be careful when it comes to creating assets. Once you have supported the credit seekers, you have to ensure that your investments turn out to be productive lending. Time has come today that bankers have to be seen as a partner instead as lender. Urban Co-operative banking sector should be right away free from restrictive provisions of co-operative Acts so as to make them self-reliant and self-supporting. The purpose of this paper to study the performance of Urban Co-operative banks working in Beed district