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History

History

  • A Bank of 65 Years
  • Having largest Network
  • 38 Branches, 1 Extension Counter
  • 468 PACS

Cuttack Central Co-operative Bank Ltd. came into existence on 22nd Sept. 1956 with merger of

  • Kujanga Cooperative Bank
  • Cuttack Cooperative Bank
  • Kendrapara Cooperative Bank
  • Jajpur Cooperative Bank
  • Commenced formal Banking from 5th Oct. 1956

No. of Agricultural Families as on 31.03.2020

A Agricultural Families : 1050172
B No. of agricultural families enrolled : 979485
C Coverage: 93%

Total Membership

Sl. No District Total Membership Total Membership Total Membership
2017-18 2018-19 2019-20
CS Nominal Total CS Nominal Total CS Nominal Total
1 Cuttack 212075 17706 229781 222593 18290 240883 232400 18826 251226
2 Jagatsinghpur 219473 726 220199 245086 783 245869 246826 935 247761
3 Kendrapara 263867 165 264032 279086 226 279312 282078 255 282333
4 Jajpur 278170 288 278458 287668 291 287950 288868 291 289159
Total 973585 18885 992470 1034433 19590 1054023 1050172 20307 1070479

Affiliated Members of the Bank as on 31.03.2020

  • 468 Nos. of Primary Agriculture Cooperative Societies
  • 72 Nos. Weaver Society
  • 73 Nos. of Employees' Cooperative Society
  • 45 Nos. of Primary Non-Agriculture Cooperative Societies

Share Capital / Reserve as on 31.03.2020

  • Paid up Share Capital of the Bank stood at Rs.19986.09 Lakhs.
  • Of which Govt. Share in Rs.1100.00 Lakhs.
  • Contribution of Govt. Share is 5.50 % to total Paid up Share.
  • Reserve Fund of the Bank stood at Rs. 687.99Lakhs.

Share Capital

(Rs. In Lakhs)
Year Membership Share Capital
C.S. Nominal Total Govt. Of Members Total
2017-18 15727.72 178.74 15906.46 750.00 100.07 850.07
2018-19 17324.89 277.39 17602.28 750.00 100.65 850.67
2019-20 18489.36 306.63 18795.99 1100.00 90.10 1190.10

No. of Branches / PACS

  • 38 Branches in 36 Blocks of Cuttack, Kendrapara, Jagatsinghpur and Jajpur Districts.
  • One Extension Counter at PPL,Paradeep
  • Niali Branch caters to Niali and Kantapada Blocks
  • Sukinda Branch caters to Sukinda and Danagadi Blocks
  • Sadar Branch caters to Sadar and Baranga Blocks
  • One Mahila Branch in Cuttack City
  • Main / Paradip / Mahila / City Branches are non-agricultural Branches
  • 468 PACS functioning under 34 Branches

Deposits as on 31.03.2020

  • The Deposit of the Bank stood at Rs.151228.05 lakhs .
  • Branchwise, employee-wise, month-wise targets are given to all employees including Gr.VI.A employees.
  • Bank makes revision of rate of interest from time to time as per market trends.
  • All deposits are covered under DICGC of India upto Rs.5.00 Lakhs.
  • Bank provides 0.50% more interest to Sr. Citizens.

Deposits

(Rs. In Lakhs)
Sl No District 2017-18 2018-19 2019-20
31.03.2018 31.03.2019 31.03.2020
1 Cuttack 36830.86 38080.59 45656.15
2 Jagatsinghpur 32965.28 36495.28 39458.29
3 Kendrapara 32415.52 39879.20 43036.04
4 Jajpur 23198.39 26369.46 23077.57
Total : 125410.05 140824.53 151228.05

Loans and Advances as on 31.03.2020

The Total Loans and advances have gone upto Rs.214160.20 lakhs outstanding.
Sl No District 2017-18 2018-19 2019-20
31.03.2018 31.03.2019 31.03.2020
1 Cuttack 32948.86 38661.16 42244.38
2 Jagatsinghpur 33131.29 37758.85 41327.37
3 Kendrapara 46977.41 55984.59 66737.71
4 Jajpur 49592.32 57211.90 63850.74
Total : 162649.88 189616.50 214160.20

Loans and Advances (Khariff)

(Rs. In Lakhs)
Sl. No. District 2017-18 2018-19 2019-20
Target Ach. % Target Ach. % Target Ach. %
1 Cuttack 16000.00 11821.20 74 16800.00 16953.29 101 18522.00 17487.92 95
2 Jagatsinghpur 22000.00 16527.97 75 22600.00 21413.98 95 23500.00 21191.72 90
3 Kendrapara 42000.00 32631.85 78 43800.00 45445.76 104 46500.00 47741.63 103
4 Jajpur 41500.00 34490.85 83 42800.00 41346.91 97 43500.00 43963.16 101

Loans and Advances (Rabi)

(Rs. In Lakhs)
Sl. No. District 2017-18 2018-19 2019-20
Target Ach. % Target Ach. % Target Ach. %
1 Cuttack 13000.00 13053.12 100 14000.00 14738.26 105 16500.00 11013.45 67
2 Jagatsinghpur 18000.00 16786.00 93 18200.00 19918.50 109 21500.00 14193.93 66
3 Kendrapara 31000.00 34380.33 111 35900.00 38961.27 109 42000.00 32413.55 77
4 Jajpur 31000.00 33987.42 110 35500.00 37148.41 105 40000.00 28745.03 72

Kissan Credit Card(KCC) as on 31.03.2020

  • 681568 Nos. of KCC issued by 468 PACS
  • 64 % of indebted members are covered under KCC
  • 63 % of KCC issued to total members enrolled
  • Credit Gap is calculated at 43 % of the total agriculture family.

Kissan Credit Card (KCC)

Sl. No. District 2017-18 2018-19 2019-20 Cumulative KCC issued upto 31.03.2020
Target Ach. Target Ach Target Ach
1. Cuttack 4900 2011 4900 4429 4900 2161 124507
2. Jagatsinghpur 6000 1974 6000 4913 6000 1330 141285
3. Kendrapara 7200 2593 7200 10102 7200 6324 217158
4. Jajpur 6900 7907 6900 7277 6900 4368 198618
Total : 25000 14485 25000 26721 25000 14183 681568

SELF HELP GROUPS(SHG) as on 31.03.2020

  • Bank has organized 9507 Nos. of SHG
  • Credit linkage made to 5899 SHG since inception of the bank for Rs. 6643.02 Lakhs

SELF HELP GROUPS(SHG)

Sl. No. District 2017-18 2018-19 2019-20
Formation Linkage Formation Linkage Formation Linkage
Target Ach. Target Ach. Target Ach. Target Ach. Target Ach. Target Ach.
1. Cuttack 170 455 159 588 200 273 159 327 500 177 492 866
2. Jagatsinghpur 70 13 60 19 70 9 60 22 100 9 149 28
3. Kendrapara 150 119 146 140 150 233 46 181 250 66 326 222
4. Jajpur 310 33 300 102 330 88 300 117 100 56 125 165
Total : 700 620 665 849 750 603 665 647 950 308 1092 1281

Tenant Farmers / Oral Lessees / Share Cropper Groups as on 31.03.2020

  • One of the thrust area of the bank.
  • 13 % of total agriculture family under the bank are landless.
  • 30703 group of land less farmers linked with credit facility to the tune of Rs.15988.37 lakhs .
  • 607 groups of Tenant Farmers linked with credit facility to the tune of Rs.211.66 lakhs.

Recovery of Loans

(Bank Vrs. Society)

Year Cuttack District Jagatsinghpur District
Demand Coll. % Demand Coll. %
2017-18 36092.80 22285.70 62 44321.53 30673.93 69
2018-19 44219.94 26920.51 61 50976.78 37047.44 73
2019-20 49855.72 25477.38 51 57212.80 31846.37 56
Year Kendrapara District Jajpur District
Demand Coll. % Demand Coll. %
2017-18 74829.58 62870.83 84 67692.92 62346.18 92
2018-19 91957.43 75155.31 82 82197.16 70637.46 86
2019-20 103668.83 71157.50 69 93141.99 66738.31 72
Year Total (All District)
Demand Coll. %
2017-18 222936.83 178176.64 80
2018-19 269351.31 209760.72 78
2019-20 303879.34 195219.56 64

Recovery under Direct Advance

Year Cuttack District Jagatsinghpur District
Demand Coll. % Demand Coll. %
2017-18 2777.93 1358.77 49 1190.25 747.15 63
2018-19 3133.47 1286.18 41 1173.62 791.14 67
2019-20 3346.06 1282.89 38 1319.04 642.57 49
Year Kendrapara District Jajpur District Total (All District)
Demand Coll. % Demand Coll. % Demand Coll. %
2017-18 1211.48 583.06 48 670.74 399.83 60 5850.40 3088.81 53
2018-19 1207.92 699.70 58 637.36 388.70 61 6153.37 3165.72 51
2019-20 1076.57 682.75 63 638.88 342.33 54 6380.55 2950.54 46

Borrowings as on 31.03.2020

  • The Bank borrows from Odisha State Cooperative Bank Ltd,
  • The Total borrowing of the Bank stood at Rs.141267.82 Lakhs .
  • The Bank has availed refinance in ST SAO / OPP / NFS/NAMT/Fert. CC/ATL / Schematic / SHG Schemes

Investment as on 31.03.2020

  • Bank's investment portfolio is reviewed on quarterly basis
  • Investment portfolio of the bank includes investment in Govt. Securities / Term Deposit with financial institutions.
  • The total investment of the bank stood at Rs.125876.45 Lakhs .
  • The investment portfolio is 83.24 % of the total deposits.
  • Other non-SLR investment is in the form of share with other cooperative institutions.

PACS as on 31.03.2020

  • 468 PACS
  • Total Deposit 48997.05 Lakhs.
  • Total Loans 181760.89 Lakhs.
  • CBS of PACS are under process .

Financial Inclusion

  • The Bank has been implementing the Govt. of India and Govt. of Odisha Scheme of Financial Inclusion.
  • Digitalisation of Banking services are in process to connect with more and more customers to improve the business of the bank.

Fertiliser

  • The Bank arranges for supply of Fertiliser / Pesticides/ improved and certified seeds to the farmers through its affiliated PACS.

CD Ratio

  • The Credit deposit ratio of the Bank has remained the highest at 141.60 Lakhs % among all the Banks
  • In all 4 districts, CCB takes the lion share in Crop loans and others on priority sector lending.

Working Capital as on 31.03.2020

  • The working capital stood at Rs.363068.80 Lakhs.
  • Per employee business of the Bank stood at Rs.1404.94 Lakhs.
  • Per employee Profit of the Bank stood at Rs.7.52 Lakhs.

PROFITABILITY

  • Profit of the Bank during the 2019-20 is Rs.1955.60 lakhs

AUDIT CALSSIFICATION

  • "A" Class (2019-20)

CRAR as on 31.03.2020

  • 11.61 %