Lok Sabha Question No. 539 (UNSTARRED), answered on 2016-11-18
Subject: Cooperatives Banks and Societies
Ministry: FINANCE
Asked by: DARSHANA VIKRAM JARDOSH, JAYSHREEBEN  PATEL, DIPSINH SHANKARSINH RATHOD, VINOD KUMAR SONKAR, GAJENDRA SINGH SHEKHAWAT, RAJESHBHAI NARANBHAI CHUDASAMA, SANTOSH AHLAWAT, SUMEDHANAND SARASWATI, JYOTIRADITYA MADHAVRAO SCINDIA, DEVUSINH JESINGBHAI CHAUHAN, RAMCHARAN BOHARA, KAMAL NATH

## Government of India Ministry of Finance

## Department of Financial Services

## LOK SABHA

## Unstarred Question No. 539

To be answered on 18 November, 2016/Kartika 27, 1938(Saka)

## Cooperatives Banks and Societies

539. SHRIMATI DARSHANA VIKRAM JARDOSH:

SHRI D.S. RATHOD:

SHRI GAJENDRA SINGH SHEKHAWAT:

SHRIMATI SANTOSH AHLAWAT:

SHRI JYOTIRADITYA M. SCINDIA:

SHRI RAM CHARAN BOHRA:

SHRIMATI JAYSHREEBEN PATEL:

SHRI VINOD KUMAR SONKAR:

SHRI RAJESHBHAI CHUDASAMA:

SHRI SUMEDHANAND SARSWATI:

SHRI DEVUSINH CHAUHAN:

SHRI KAMAL NATH:

Will the Minister of FINANCE be pleased to state:

- (a) the details and number of Cooperative Banks and societies registered as on date including profit/loss posted by these banks and societies during the last three years and current year, State/ UT-wise;
- (b) whether most of the Cooperative Banks and societies are facing difficulties due to withdrawal of exemption under Section 80(P) of the Income Tax Act and if so, the details thereof;
- (c) whether the Government has any proposal to compensate and provide tax rebate to these banks and societies and if so, the details thereof; and
- (d) thesteps taken/being taken by the Government to revive the loss making Cooperative Banks and societies in this regard?

## Answer

The Minister of State in the Ministry of Finance (Shri Santosh Kumar Gangwar)

- (a): As reported by National Bank for Agriculture & Rural Development (NABARD), there are 33 State Cooperative Banks (StCBs) and 370 District Central Cooperative Banks (DCCBs) in the country as on 31st March2016.

Details of profit/loss posted by StCBs and DCCBs during the last three years (State-wise), as reportedby NABARDare given in Annex-I.

With regard to Urban Cooperative Banks (UCBs), Reserve Bank of India (RBI) has reported that there were 1574 UCBs as on 31 March 2016, out of which 72 UCBs incurred losses, as per the details given in Annex-II.

As regards Cooperative Societies, the same is a State Subject under entry 32 of the State List of Seventh Schedule of the Constitution of India. Therefore, the information/data relating to cooperative societies registered under the concerned State/UT's Cooperative Societies Acts are not availablewith the Central Government.

Contd.

There are 1259 multi-State cooperative societies registered under the provisions of Multi State Cooperative Societies Act, 2002. Since these multi-State cooperative societies are functioning as autonomous cooperative organizations accountable to the members, the information regarding profit/loss posted by these societies is not centrally maintained.

(b) & (c): Prior to the amendment of the Finance Act 2006, Section BOPof the Income Tax Act, 1961 provided for a deduction of the whole of the profits in the case of a co-operative society engaged in carrying on the business of banking or providing credit facilities to its members or a cottage industry or the marketing of agricultural produce grown by its members or the processing of the agricultural produce of its members without the aid of power, etc. The amendment made vide Finance Act, 2006 withdrew the deduction available under Section BOPof the Income Tax Act for cooperative banks other than primary agricultural credit societies (PACS) or primary co-operative agricultural and rural development banks (PCARDBs), inter alia, on the grounds that co-operative banks are like any other banks and the principle of mutuality does not apply to them as their area of operation extends even to non-members.

There is no proposal under consideration of the Government to provide any further exemption to cooperative banks.

(d): The steps taken by the Central Government for revival of rural cooperative banks are as under:

i. Based on the recommendation of Vaidyanathan Committee (VC-I), Government implemented a revival package for Short Term Cooperative Credit Structure (STCeS) encompassing legal and institutional reforms, measures to improve the quality of management and financial assistance as necessary for their democratic, self-reliant and efficient functioning. Under the revival package, Government of India released Rs. 9,245 crore. The said package was closed on 30th June, 2011.

ii. Recognizing the need to revamp ailing Cooperative Banks so that they are able to cater to the needs of farmers at their doorstep, the Government in 2014 announced implementation of the Scheme for Revival of 23 Unlicensed District Central Cooperative Banks (DCCBs) in four States viz. 16 in Uttar Pradesh, 3 in Jammu & Kashmir, 3 in Maharashtra and 1 in West Bengal. The total capital infusion required for revival of these 23 DCCBs was assessed to the tune of Rs. 2375.42 crore, out of which the commitment from Central Government would be for Rs. 673.29 crore, for State Governments, Rs.1464.59 crore and for National Bank for Agriculture & Rural Development (NABARD) it would be Rs.237.54 crore. The entire share of Central Government under the Scheme has been released to NABARD for onward transmission to Cooperative Banks according to the terms and conditions prescribed in the Memorandum of Understanding governing the Scheme.

## Annex-I referred to in reply to part (a) of usa No.S39 for 18.11.2016 Statewise profit and loss figures for StCBs and DCCBs

## 2013-14· SteBs

(Audited)

| Sr. No.   | Name of the State   | Net Profit      | Net Loss        |
|-----------|---------------------|-----------------|-----------------|
|           |                     | Amt. in Rs lakh | Amt. in Rs lakh |
| 1         | CHHATTISGARH        | 2716.57         | 0.00            |
| 2         | MADHYA PRADESH      | 6559.27         | 0.00            |
| 3         | UTTAR PRADESH       | 4023.55         | 0.00            |
| 4         | UTTARAKHAND         | 713.78          | 0.00            |
| 5         | ANDAMAN & NICOBAR   | 293.56          | 0.00            |
| 6         | BIHAR               | 2412.04         | 0.00            |
| 7         | JHARKHAND           | 0.00            | 233.45          |
| 8         | ORISSA              | 1405.28         | 0.00            |
| 9         | WEST BENGAL         | 0.00            | 1063.67         |
| 10        | ARUNACHAL PRADESH   | 0.00            | 56.74           |
| 11        | ASSAM               | 895.49          | 0.00            |
| 12        | MANIPUR             | 0.00            | 507.14          |
| 13        | MEGHALAYA           | 1934.18         | 0.00            |
| 14        | MIZORAM             | 382.14          | 0.00            |
| 15        | NAGALAND            | 205.59          | 0.00            |
| 16        | SIKKIM              | 259.54          | 0.00            |
| 17        | TRIPURA             | 2608.91         | 0.00            |
| 18        | CHANDIGARH          | 413.36          | 0.00            |
| 19        | DELHI               | 804.00          | 0.00            |
| 20        | HARYANA             | 2197.92         | 0.00            |
| 21        | HIMACHAL PRADESH    | 4068.16         | 0.00            |
| 22        | JAMMU AND KASHMIR   | 149.36          | 0.00            |
| 23        | PUNJAB              | 1728.76         | 0.00            |
| 24        | RAJASTHAN           | 1512.70         | 0.00            |
| 25        | ANDHRA PRADESH      | 8955.72         | 0.00            |
| 26        | KARNATAKA           | 3450.00         | 0.00            |
| 27        | KERALA              | 0.00            | 6358.40         |
| 28        | PONDICHERRY         | 254.84          | 0.00            |
| 29        | TAMIL NADU          | 3221.51         | 0.00            |
| 30        | GOA                 | 0.00            | 1135.75         |
| 31        | GUJARAT             | 1392.84         | 0.00            |
| 32        | MAHARASHTRA         | 40051.42        | 0.00            |
|           | TOTAL               | 92610.49        | 9355.15         |

Contd.

2013-14 - DCCBs Audited

| Sr. No.   | Name of the State   | Net Profit        | Net Loss        |
|-----------|---------------------|-------------------|-----------------|
|           |                     | Amt. in Rs lakh   | Amt. in Rs lakh |
| 1         | CHHATTISGARH        | 9628.55           | 0.00            |
| 2         | MADHYA PRADESH      | 19276.65          | 0.00            |
| 3         | UTTAR PRADESH       | 0.00              | 2960.82         |
| 4         | UTTARAKHAND         | 4661.16           | 0.00            |
| 5         | BIHAR               | 0.00              | 4085.46         |
| 6         | JHARKHAND           | 566.24            | 0.00            |
| 7         | ORISSA              | 7371.34           | 0.00            |
| 8         | WEST BENGAL         | 4139.94           | 0.00            |
| 9         | HARYANA             | 747.23            | 0.00            |
| 10        | HIMACHAL PRADESH    | 2300.63           | 0.00            |
| 11        | JAMMU AND KASHMIR   | 469.27            | 0.00            |
| 12        | PUNJAB              | 3805.33           | 0.00            |
| 13        | RAJASTHAN           | 0.00              | 194.19          |
| 14        | ANDHRA PRADESH      | 6933.84           | 0.00            |
| 15        | KARNATAKA           | 10062.74          | 0.00            |
| 16        | KERALA              | 11144.91          | 0.00            |
| 17        | TAMIL NADU          | 26065.22          | 0.00            |
|           |                     |                   | 0.00            |
| 18        | GUJARAT             | 10042.39 27776.93 | 0.00            |
| 19        | MAHARASHTRA TOTAL   | 144992.37         | 7240.47         |

## 2014-15 StCBs - Audited

|    |                   |           | (Amount in Rs. lakh)   |
|----|-------------------|-----------|------------------------|
| 1  | Chhattisgarh      |   1986.06 | (Amount in Rs. lakh)   |
| 2  | Madhya Pradesh    |   7408.96 | 0.00                   |
| 3  | Uttarakhand       |    915.5  | 0.00                   |
| 4  | Uttar Pradesh     |   4035.15 | 0.00                   |
| 5  | Andaman & Nicobar |    444.23 | 0.00                   |
| 6  | Bihar             |   3939.65 | 0.00                   |
| 7  | Jharkhand         |      0    | 448.65                 |
| 8  | Odisha            |   1560.99 | 0.00                   |
| 9  | West Bengal       |   6112.94 | 0.00                   |
| 10 | Arunachal Pradesh |     53.79 | 0.00                   |
| 11 | Assam             |    774.59 | 0.00                   |
| 12 | Manipur           |      0    | 644.20                 |
| 13 | Meghalaya         |    948.69 | 0.00                   |
| 14 | Mizoram           |    389.02 | 0.00                   |
| 15 | Nagaland          |     57.56 | 0.00                   |
| 16 | Sikkim            |    269.76 | 0.00                   |
| 17 | Tripura           |   2803.03 | 0.00                   |
| 18 | Chandigarh        |    503.48 | 0.00                   |
| 19 | Harvana           |   1622.59 | 0.00                   |
| 20 | Himachal Pradesh  |   5985.46 | 0.00                   |
| 21 | Jammu and Kashmir |    252.86 | 0.00                   |
| 22 | New Delhi         |    784.21 | 0.00                   |
| 23 | Punjab            |   2127.63 | 0.00                   |
| 24 | Rajasthan         |   2632.17 | 0.00                   |
| 25 | Andhra Pradesh    |   7747.26 | 0.00                   |
| 26 | Karnataka         |   3030    | 0.00                   |
| 27 | Kerala            |   4649.57 | 0.00                   |
| 28 | Puducherry        |      0    | 588.73                 |
| 29 | Tamil Nadu        |   4138.1  | 0.00                   |
| 30 | Goa               |      0    | 812.86                 |
| 31 | Gujarat           |   4461.06 | 0.00                   |
| 32 | Maharashtra       |  41059.4  | 0.00                   |
|    |                   | 110694    | 2494.44                |

2014-15 - DCCBs ( Audited)

|         |                       |            | (Amount in Rs. lakh)   |
|---------|-----------------------|------------|------------------------|
| Sr. No. | Name of the Statel UT | Net Profit | Net Loss               |
| 1       | Andhra Pradesh        | 0.00       | 5924.79                |
| 2       | Bihar                 | 0.00       | 2484.48                |
| 3       | Chhattisgarh          | 8325.72    | 0.00                   |
| 4       | Gujarat               | 8133.42    | 0.00                   |
| 5       | Haryana               | 0.00       | 1765.71                |
| 6       | Himachal Pradesh      | 4966.98    | 0.00                   |
| 7       | Jammu and Kashmir     | 79.18      | 0.00                   |
| 8       | Jharkhand             | 0.00       | 5683.73                |
| 9       | Karnataka             | 7047.18    | 0.00                   |
| 10      | Kerala                | 13007.81   | 0.00                   |
| 11      | Madhya Pradesh        | 8428.10    | 000                    |
| 12      | Maharashtra           | 28126.78   | 0.00                   |
| 13      | Odisha                | 2940.64    | 0.00                   |
| 14      | Punjab                | 1938.00    | 000                    |
| 15      | Rajasthan             | 1943.78    | 0.00                   |
| 16      | Tamil Nadu            | 18738.62   | 0.00                   |
| 17      | Telangana             | 2671.89    | 0.00                   |
| 18      | Uttarakhand           | 1218.75    | 0.00                   |
| 19      | Uttar Pradesh         | 0.00       | 17980.80               |
| 20      | West Bengal           | 4470.64    | 0.00                   |
|         | Total                 | 112037.49  | 33839.51               |

## 2015-16 SteBs -Provisional (Unaudited)

| Sr. No.   | Name of the State   | Net Profit   | Net Loss   |
|-----------|---------------------|--------------|------------|
|           | Amt. in             | Rs lakh      | Rs lakh    |
| 1         | CHHATTISGARH        | 2154.18      | 0.00       |
| 2         | MADHYA PRADESH      | 5678.02      | 0.00       |
| 3         | UTTAR PRADESH       | 2006.07      | 0.00       |
| 4         | UTTARAKHAND         | 929.66       | 0.00       |
| 5         | ANDAMAN & NICOBAR   | 502.25       | 0.00       |
| 6         | BIHAR               | 3596.58      | 0.00       |
| 7         | JHARKHAND           | 0.00         | 551.21     |
| 8         | ORISSA              | 1665.93      | 0.00       |
| 9         | WEST BENGAL         | 56.60        | 0.00       |
| 10        | ARUNACHAL PRADESH   | 0.00         | 563.21     |
| 11        | ASSAM               | 324.85       | 0.00       |
| 12        | MANIPUR             | 0.00         | 1254.22    |
| 13        | MEGHALAYA           | 1301.52      | 0.00       |
| 14        | MIZORAM             | 624.65       | 0.00       |
| 15        | NAGALAND            | 215.92       | 0.00       |
| 16        | SIKKIM              | 269.75       | 0.00       |
| 17        | TRIPURA             | 2055.91      | 0.00       |
| 18        | CHANDIGARH          | 425.08       | 0.00       |
| 19        | DELHI               | 0.00         | 822.85     |
| 20        | HARYANA             | 2380.00      | 0.00       |
| 21        | HIMACHAL PRADESH    | 14831.53     | 0.00       |
| 22        | JAMMU AND KASHMIR   | 27.92        | 0.00       |
| 23        | PUNJAB              | 1119.98      | 0.00       |
| 24        | RAJASTHAN           | 2194.20      | 0.00       |
| 25        | ANDHRA PRADESH      | 5433.68      | 0.00       |
| 26        | KARNATAKA           | 3145.00      | 0.00       |
| 27        | KERALA              | 2731.49      | 0.00       |
| 28        | PONDICHERRY         | 394.12       | 0.00       |
| 29        | TELANGANA           | 1576.90      | 0.00       |
| 30        | TAMIL NADU          | 5188.00      | 0.00       |
| 31        | GOA                 | 0.00         | 755.53     |
| 32        | GUJARAT             | 1808.94      | 0.00       |
| 33        | MAHARASHTRA         | 24262.03     | 0.00       |
|           | GRAND TOTAL         | 86475.68     | 3947.02    |

## 2015-16 DCCBs Provisional (Unaudited)

| Sr. No.   | Name of the State   | Net Profit      | Net Loss        |
|-----------|---------------------|-----------------|-----------------|
|           |                     | Amt. in Rs lakh | Amt. in Rs lakh |
| 1         | CHHATTISGARH        | 5497.85         | 0.00            |
| 2         | MADHYA PRADESH      | 13325.36        | 8714.26         |
| 3         | UTTAR PRADESH       | 8188.77         | 5681.19         |
| 4         | UTTARAKHAND         | 4700.08         | 0.00            |
| 5         | BIHAR               | 1191.96         | 728.60          |
| 6         | JHARKHAND           | 3471.58         | 114.76          |
| 7         | ORISSA              | 14531.04        | 0.00            |
| 8         | WEST BENGAL         | 4185.02         | 0.00            |
| 9         | HARYANA             | 2629.05         | 1544.67         |
| 10        | HIMACHAL PRADESH    | 5846.36         | 0.00            |
| 11        | JAMMU AND KASHMIR   | 261.44          | 2431.03         |
| 12        | PUNJAB              | 2188.05         | 787.87          |
| 13        | RAJASTHAN           | 4203.61         | 5102.56         |
| 14        | ANDHRA PRADESH      | 3899.58         | 0.00            |
| 15        | KARNATAKA           | 13104.31        | 569.96          |
| 16        | KERALA              | 11706.31        | 0.00            |
| 17        | TELANGANA           | 4121.55         | 0.00            |
| 18        | TAMIL NADU          | 43145.84        | 0.00            |
| 19        | GUJARAT             | 12814.82        | 59.33           |
| 20        | MAHARASHTRA         | 33068.38        | 10839.58        |
|           | GRAND TOTAL         | 192080.96       | 36573.81        |

Source:

NABARD

## Annex-II referred to in reply to part (a) of USQ No.S39 for 18.11.2016 List of loss making Urban Cooperative Banks (UCBs) as on March 31, 2016

| Sr. Bank Name No.                                                                       | Net loss in Rs Crore   |
|-----------------------------------------------------------------------------------------|------------------------|
| 1 Rupee Co-operative Bank Ltd.                                                          | -92.9422               |
| 2 The Kapol Co-operative Bank Ltd., Mumbai                                              | -27.5389               |
| 3 The Navodaya Urban Co-operative Bank Ltd., Naopur.                                    | -26.7665               |
| 4 Sahebrao Deshmukh Co-oo, Bank Ltd.                                                    | -24.2997               |
| 5 The Akola Urban Co-operative Bank Ltd., Akola.                                        | -20.1519               |
| 6 George Town CO OPBank Limited.                                                        | -14.8404               |
| 7 Maratha Sahakari Bank Ltd., Bombav                                                    | -10.2081               |
| 8 Youth Development Coop Bank Ltd., Kolhapur.                                           | -6.7586                |
| 9 Lokseva Sahakari Bank Ltd.,Pune.                                                      | -5.0226                |
| 10 Nasik Zilla Girna Sahakari Bank Ltd.,Nasik                                           | -4.8926                |
| 11 Trichur Urban Co-operative Bank Ltd.                                                 | -4.2711                |
| 12 Pollachi Coop. Urban Bank Ltd.                                                       | -3.8758                |
| 13 Sri Kalahasti Co-operative Town Bank Ltd.                                            | -3.0520                |
| 14 Hindu Co-operative Bank Ltd., Pathankot                                              | -2.8881                |
| 15 Nedumangad Co-operative Urban Bank Ltd.                                              | -2.8524                |
| 16 HCBL Co-operative Bank Ltd., Lucknow                                                 | -2.5268                |
| 17 R.S.Co-operative Bank Ltd., Mumbai                                                   | -2.4223                |
| 18 Aiinkvatara Sahakari Bank Ltd., Satara                                               | -2.3099                |
| 19 The Citizens' Co-operative Bank Ltd., Jammu.                                         | -1.9549                |
| 20 Pudukottai CoopTown Bank Ltd.                                                        | -1.7143                |
| 21 Khardah Co-operative Bank Ltd.                                                       | -1.5849                |
| 22 Urban Co op Bank Limited Cuttack.                                                    | -1.4862                |
| 23 Bhilwara Mahila Urban co-co. Bank Ltd.                                               | -1.4476                |
| 24 Purasawalkam Coop. Bank Ltd.                                                         | -1.3564                |
| 25 Mapusa Urban Co-operative Bank of Goa Ltd., Mapusa                                   | -1.3526                |
| 26 Kaduthuruthy Urban Co-operative Bank Ltd.                                            | -1.2069                |
| 27 Pondicherry Coop. Urban Bank Ltd. Sawantwadi Urban Co-op. Bank Ltd.                  | -0.9693 -0.8872        |
| The Jalna People's Co-operative Bank Ltd., Jalna.                                       | -0.8304                |
| 29                                                                                      |                        |
| 30 Ponani Co-operative Urban Bank Ltd. 31 Rai Laxmi Mahila Urban Co-Operative Bank Ltd. | -0.5866 -0.5170        |
| 32 Kerala Mercantile Co-operative Bank Ltd.,Kozhikode                                   | -0.4984                |
| 33 Ananthasayanam Co-operative Bank Ltd.                                                | -0.4916                |
| 34 Tellicherry Co-operative Urban Bank Ltd.                                             | -0.4612                |
| 35 Dr. Babasaheb Ambedkar Urban Co-operative Bank Ltd., Naqour,                         | -0.4151                |
| 36 Shatabdi Mahila Sahakari Bank Ltd., Thane                                            | -0.4061                |
| 37 Karamana Co-operative Urban Bank Ltd.                                                | -0.3865                |
| 38 Vanivambadi Town Coop bank Ltd.                                                      | -0.3623                |
| 39 Hirivur Urban Co-operative Bank Ltd., Hiriyur                                        | -0.3601                |
| Sikar Urban Co Op Bank Ltd.                                                             | -0.3541                |
| 40 41 Shivneri Sahakari Bank Ltd., Koreqaon, Satara                                     | -0.3529                |
| 42 Vellala Coop Bank Ltd.                                                               | -0.3469                |
| 43 Chandgad Urban Coop. Bank Ltd., Chandgad, Kolhapur                                   | -0.3444                |
| 44 Sri Mallikarjuna Pattana Sahakari Bank Niyamita, Maski                               | -0.2642                |
| 45 The Anjangaon Surii Naqari Sahakari Bank Ltd., Aniancaon Surii.                      | -0.2517                |
| 46 Daund Urban Co-Operative Bank Ltd., Daund                                            | -0.2396                |
| 47 Brahmawart Commercial Co-operative Bank Ltd.                                         | -0.2333                |
| 48 Shreeram Sahakari Bank Ltd., Mumbai                                                  | -0.2110                |
| 49 Lokapavani Mahila Sahakari Bank Niyamitha, Mandya                                    | -0.2039                |
| 50 Madura Sourashtra Co-Op Bank Ltd.                                                    | -0.2006                |

| Sr. Bank Name No.                                                         |   Net loss in Rs Crore |
|---------------------------------------------------------------------------|------------------------|
| 51 Imperial Urban Co-operative Bank Ltd., Faizabad                        |                -0.1816 |
| 52 Raichur Citv Urban Co-operative Bank Ltd., Raichur                     |                -0.1784 |
| 53 Bhavani Urban Co-operative Bank Ltd., Georai.                          |                -0.166  |
| 54 Kamaraj coop Town Bank Ltd. Polur.                                     |                -0.1572 |
| 55 Navanirman Co-operative Urban Bank Ltd.,                               |                -0.1517 |
| 56 Tumkur Pattana Sahakara Bank Niyamitha, Tumkur                         |                -0.1196 |
| 57 Dr. Shivajirao Patil Nilangekar Urban Co-operative Bank Ltd., Nilanga. |                -0.101  |
| 58 Thiruvaikuntam Co op Urban Bank Ltd.                                   |                -0.0952 |
| 59 Gokul Co-operative Urban Bank Ltd., Secunderabad                       |                -0.0905 |
| 60 Jagruti Co-operative Bank Ltd., Belgaum                                |                -0.0886 |
| 61 Payyanur Co-operative Town Bank Ltd.                                   |                -0.0722 |
| 62 BiQKancheepuram Co op Town Bank Limited.                               |                -0.0646 |
| 63 Kallidaikurichi Cooo Urban Bank Limited.                               |                -0.0633 |
| 64 Tanur Co-operative Urban Bank Ltd.                                     |                -0.0596 |
| 65 Kedarnath Urban Co-operative Bank Ltd., Latur.                         |                -0.0592 |
| 66 Musiri Urban Co-operative Bank Ltd., Musiri.                           |                -0.0578 |
| 67 Sri Bharathi Co-operative Urban Bank Ltd., Hvderabad                   |                -0.0354 |
| 68 Cuddalore & Villiourarn DCCB Employees Co-OP.Bank Ltd.                 |                -0.0322 |
| 69 Rajasthan Urban Co-Operative Bank Ltd., Jaipur                         |                -0.0285 |
| 70 Imperial Urban coooratlve Bank Ltd.Jalandhar                           |                -0.0269 |
| 71 Ramakrishna Mutually Aided Co-operative Urban Bank Ltd.,Nidadavole     |                -0.0178 |
| 72 Kolikata Mahila Co-Operative Bank Ltd.,                                |                -0.0093 |

Source:

RBI