Lok Sabha Question No. 3487 (UNSTARRED), answered on 2019-07-15
Subject: Functioning of Cooperative Banks
Ministry: FINANCE
Asked by: Anto  Antony

## Government of India Ministry of Finance

## LOK SABHA UNSTARRED QUESTION NO. 3487

ANSWERED ON-15.07.2019 (Monday)/Ashadha, 24, 1941 (Saka)

## FUNCTIONING OF COOPERATIVE BANKS

## 3487. SHRI ANTO ANTONY:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government has any role or control over the functioning of cooperative banks in the country, if so, the details thereof;
- (b) whether the Government has any statistics regarding number of co-operative banks functioning in the country, if so, the details thereof, State-wise; and
- (c) whether it is mandatory that the details of the depositors are to be shared with Government of India and if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI ANURAG THAKUR)

- (a)  National  Bank  for  Agriculture  and  Rural  Development  (NABARD)  has  reported  that  the functioning of Cooperative Banks is guided by the Cooperative Societies Act of the respective States. At the State level, the Registrar of Cooperative Societies (RCS) of respective States exercises control over the Cooperative Banks. However, the banking functions of the Cooperative Banks are regulated by Reserve Bank of India under the Banking Regulation Act, 1949 (as applicable to Cooperatives).
- (b)   The list of Cooperative Banks functioning in the country as reported by NABARD and Reserve Bank of India (RBI) is given in Annexure I to IV.
- (c) RBI has informed that in terms of its Master Direction dated 25.02.2016 on Know your customer (KYC), all entities regulated by RBI including Cooperative Banks are required to share/submit details of  transaction/accounts  as  required  under  the  Prevention  of  Money  Laundering  (Maintenance  of Records) Rules, 2005 with Financial Intelligence Unit-India (FIU-IND).

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Annexure I to Lok Sabha USQ 3487 for 15.07.2019

Name of the Bank State Cooperative Agriculture and Rural Development Banks (SCARDBs)/ Primary Coop

| Sr. No.   | SCARDB           | PCARDBs       |
|-----------|------------------|---------------|
|           | Name of State    | Name of State |
| 1         | Gujarat          | Haryana       |
| 2         | Haryana          | Himachal Pra  |
| 3         | Himachal Pradesh | Karnataka     |
| 4         | Karnataka        | Kerala        |
| 5         | Kerala           | Punjab        |
| 6         | Punjab           | Rajasthan     |
| 7         | Rajasthan        | West Bengal   |
| 8         | Tripura          | Tamil Nadu    |
| 9         | Uttar Pradesh    |               |
| 10        | West Bengal      |               |
| 11        | Jammu            |               |
| 12        | Pondicherry      |               |
| 13        | Tamil Nadu       |               |

Source: NABARD

Annexure II to Lok Sabha USQ No. 3487 for 15.07.2019 Name of the banks - State Cooperative Banks (StCBs)

|   Sr. No. | Name of the Bank   |
|-----------|--------------------|
|         1 | Chhattisgarh       |
|         2 | Madhya Pradesh     |
|         3 | Uttarakhand        |
|         4 | Uttar Pradesh      |
|         5 | Andaman &Nicobar   |
|         6 | Bihar              |
|         7 | Jharkhand          |
|         8 | Odisha             |
|         9 | West Bengal        |
|        10 | Arunachal Pradesh  |
|        11 | Assam              |
|        12 | Manipur            |
|        13 | Meghalaya          |
|        14 | Mizoram            |
|        15 | Nagaland           |
|        16 | Sikkim             |
|        17 | Tripura            |
|        18 | Chandigarh         |
|        19 | Haryana            |
|        20 | Himachal Pradesh   |
|        21 | Jammu and Kashmir  |
|        22 | New Delhi          |
|        23 | Punjab             |
|        24 | Rajasthan          |
|        25 | Andhra Pradesh     |
|        26 | Karnataka          |
|        27 | Kerala             |
|        28 | Puducherry         |
|        29 | Tamil Nadu         |
|        30 | Telangana          |
|        31 | Goa                |
|        32 | Gujarat            |
|        33 | Maharashtra        |

Source: NABARD

Annexure III to Lok Sabha USQ No. 3487 for 15.07.2019

Name of the Bank - District Central Cooperative Banks (DCCBs)

| S.No.   | Name of State     |   Number of Banks |
|---------|-------------------|-------------------|
| 1       | Chhattisgarh      |                 6 |
| 2       | Madhya Pradesh    |                38 |
| 3       | Uttarakhand       |                10 |
| 4       | Uttar Pradesh     |                50 |
| 5       | Bihar             |                22 |
| 6       | Jharkhand         |                 1 |
| 7       | Odisha            |                17 |
| 8       | West Bengal       |                17 |
| 9       | Haryana           |                19 |
| 10      | Himachal Pradesh  |                 2 |
| 11      | Jammu and Kashmir |                 3 |
| 12      | Punjab            |                20 |
| 13      | Rajasthan         |                29 |
| 14      | Andhra Pradesh    |                13 |
| 15      | Karnataka         |                21 |
| 16      | Kerala            |                14 |
| 17      | Tamil Nadu        |                23 |
| 18      | Telangana         |                 9 |
| 19      | Gujarat           |                18 |
| 20      | Maharashtra       |                31 |
|         | Total             |               363 |

Source: NABARD

## Annex IV to Lok Sabha USQ No. 3487 for 15.07.2019

## State/UT wise distribution of Urban Cooperative Banks (UCBs)

| Sr.   | State             |   Number of UCBs |
|-------|-------------------|------------------|
| 1     | Andhra Pradesh    |               47 |
| 2     | Assam             |                8 |
| 3     | Bihar             |                3 |
| 4     | Chhattisgarh      |               12 |
| 5     | Delhi             |               15 |
| 6     | Goa               |                6 |
| 7     | Gujarat           |              218 |
| 8     | Haryana           |                7 |
| 9     | Himachal Pradesh  |                5 |
| 10    | Jammu And Kashmir |                4 |
| 11    | Jharkhand         |                2 |
| 12    | Karnataka         |              263 |
| 13    | Kerala            |               60 |
| 14    | Madhya Pradesh    |               49 |
| 15    | Maharashtra       |              495 |
| 16    | Manipur           |                3 |
| 17    | Meghalaya         |                3 |
| 18    | Mizoram           |                1 |
| 19    | Odisha            |                9 |
| 20    | Puducherry        |                1 |
| 21    | Punjab            |                4 |
| 22    | Rajasthan         |               35 |
| 23    | Sikkim            |                1 |
| 24    | Tamil Nadu        |              129 |
| 25    | Telangana         |               51 |
| 26    | Tripura           |                1 |
| 27    | Uttar Pradesh     |               62 |
| 28    | Uttarakhand       |                5 |
| 29    | West Bengal       |               43 |
|       | Total             |             1542 |

Source: RBI