“A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT

CENTRAL CO-OPERATIVE BANK LTD.”

A
PROJECT REPORT
ON
“A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

SUBMITTED BY
Mr. SAHIL S. DUDHALE
TY BBA
(FINANCE)

Under the guidance of

Prof. Shraddha Mandhare

Submitted To

SAVITRIBAI PHULE PUNE UNIVERSITY

In partial fulfillment of the requirement for the

Award Of Degree Of

BACHELOR OF BUSINESS ADMINISTRATION

AAER`S
ASIAN COLLEGE OF SCIENCE AND COMMERCE, DHYARI
PUNE,41.
(Affiliated to SPPU & Approved by Government of Maharashtra)
ACCREDITED BY NAAC WITH “B+” GRADE

2022-23

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AAER`S
ASIAN COLLEGE OF SCIENCE AND COMMERCE
(Affiliated to SPPU & Approved by Government of Maharashtra)
ACCREDITED BY NAAC WITH “B+” GRADE

CERTIFICATE OF GUIDE

This is to certify that the project “A STUDY ON FINANCIAL PERFORMANCE

OF PUNE DISTRICT CENTRAL CO-OPERATIVE BANK LTD.”

submitted for the degree of BBA Sem-V - to Savitribai Phule Pune

University, is a bonafide work carried out by MR SAHIL DUDHALE under
my guidance and supervision and that no part of this project has been
submitted forward for award of any other degree, diploma, fellowship or
similar titles. They have fulfilled all the requirements for the project as per
Savitribai Phule Pune University.

Place: Pune Prof.

Date: (Project Guide)

Internal Examiner External

Examiner

HOD Principal

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ACKNOWLEDGEMENT
Doing a project study involves a great deal of encouragement, innovative
ideas and support from different people. After all success is the epitome of
hard-work, perseverance, steadfast determination and most of all encouraging
guidance. This project done for “A STUDY ON FINANCIAL PERFORMANCE
OF PUNE DISTRICT CENTRAL CO-OPERATIVE BANK LTD.”

was a knowledge gathering experience and opened a vast frontier of practical

aspect of theoretical knowledge.
I take this opportunity to express my heartiest thanks to HON. ANITA SAPTE
who is the Chief patron of College. I express and deepest gratitude to
DR.SHRIKANT JAGTAP providing unwavering support throughout my
course.

I wish to express my sincere gratitude to my Project Guide Prof. SHRADDHA

MANDHARE for her invaluable guidance, involvement, and assistance at all
stages that made it possible to complete this project. I am extremely indebted
for her consultations, despite her busy schedule.

I express my sincere gratitude to all the staff of ASIAN COLLEGE OF

SCIENCE AND COMMERCE for providing me useful assistance in my way
for the successful completion of this project. I am very thankful to Prof.
SHRUTI REGE and Prof. SWATI KALE for giving me attention and time
in guidance and kindly pointing out every required detail in project throughout
the completion of my project.
I am extremely grateful to everyone who knowingly or unknowingly helped in
my project. My deepest regard goes to all of them. Their assistance is deeply
appreciated by me.

Mr. Sahil Dudhale

TYBBA- FINANCE

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TABLES OF CONTENTS

CHAPTER NO. CONTENTS PAGE NO:

LIST OF TABLES

LIST OF FIGURES

CHAPTER 1 INTRODUCTION 1–4

CHAPTER 2 REVIEW OF LITERATURE 5 – 14

INDUSTRY AND
CHAPTER 3 15 – 23
BANK
PROFILE
DATA ANALYSIS
CHAPTER 4 24 – 34
AND
INTERPRETATION
FINDINGS, SUGGESTIONS
CHAPTER 5 35 – 38
& CONCLUSION

BIBLIOGRAPHY

ANNEXURE

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LIST OF TABLES

TABLE
TITLE PAGE NO:
NO:

4.1 Table showing current ratio 25

4.2 Table showing super quick ratio 26

4.3 Table showing quick ratio 27

4.4 Table showing fixed assets to net worth ratio 28

4.5 Table showing proprietary ratio 29

4.6 Table showing solvency ratio 30

4.7 Table showing return on shareholders fund 31

4.8 Table showing interest coverage ratio 32

4.9 Table showing debt to equity ratio 33

4.10 Table showing fixed assets turnover ratio 34

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LIST OF CHARTS

FIGURE
TITLE PAGE NO:
NO:

4.1 Chart showing current ratio 25

4.2 Chart showing super quick ratio 26

4.3 Chart showing quick ratio 27

4.4 Chart showing fixed assets to net worth ratio 28

4.5 Chart showing proprietary ratio 29

4.6 Chart showing solvency ratio 30

4.7 Chart showing return on shareholders fund 31

4.8 Chart showing interest coverage ratio 32

4.9 Chart showing debt to equity ratio 33

4.10 Chart showing fixed assets turnover ratio 34

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Chapter I
INTRODUCTION

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Introduction

The term “financial performance analysis also known as analysis and

interpretation of financial statements”, refers to the process of determining
financial strength and weakness of the firm by establishing strategic
relationship between the items of the balance sheet ,profit and loss account and
other operative data. Financial performance analysis is a process of evaluating
the relationship between component parts of a financial statement to obtain a
better understanding of a firm’s position and performance. The purpose of
financial analysis to diagnose the information contained in financial statements
so as to judge the profitability and financial soundness of the firm. A financial
analyst analyes the statements with various tools of analysis before
commenting upon the financial health or weaknesses of an enterprise. The
analysis an interpretation of financial statements is essential to bring out the
mystery behind the figures in financial statements.

Financial performance refers to the degree to which financial

objective being or has been accomplished. It is the process of measuring the
results of a firm’s policies and operation in monetary terms.it is used to
measure firm’s overall financial health over a given period of time and can also
be used to compare similar firms across the same industry or to compare
industries or sectors in aggregation.

Co-operative bank is an institution established on co-operative

basis and dealing in ordinary banking business .Like other business, the co-
operative banks are founded by collecting funds through shares, accept deposits
and grant loans .The history of Indian co-operative banking started with the
passing of co-operative societies Act 1904.The objective of this Act was to
establish co-operative credit societies “To encourage thrift, self-help and co-
opetion among agriculturists artisans and persons of limited means”. Many co-
operative credit societies were set up under this Act . The co-operative societies
Act, 1912 recognized the need for establishing new organizations for
supervision and supply of co-operative credit. These organizations were:
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1. A union, consisting of primary societies.

2. The central banks.

3. provincial banks.

Financial performance of banks give an idea about financial status

and profitability of an bank. It provides information to various parties- owners,
creditors, government, public and employee. This study helps to know the
business activities and financial performance of the bank.

PDCC PROFILE
In furtherance to the development of the co-operative movement in the district, the need for
establishment of separate machinery for the distribution of finance in the rural areas was felt
vigorously & hence the district central co-op,banks came into existence as a Central Finance
Agency to meet the financial requirement of the various co-operative in the district.

The co-operative societies act gave birth to many co-operative institutions ,hence the Pune
District Central Co-operative Bank came into existence on 4th SEPT.1917 with the vigorous
efforts taken by late Shri.N.C.Kelkar.

 4 B, B J Road, Pune Gpo, Pune, Maharashtra 411001, India

 +(91)-20-26304100, 26133833, 26139300
 www.pdccbank.com

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Statement of the problem

To understand the financial performance and business activities of a bank, viz.,

the balance sheet, the profit and loss account. The analysis of the financial
statement is a process of evaluating the relationship between component parts
of financial statement top obtains a better understanding of the banks, position
and performance. This study attempts to analyze the financial performance of
Pune District central Co-operative Bank Limited, by using various tools.

Scope of the study

The study is conducted on Pune district central Co-operative Bank. The study
of financial performance of the bank helps to understand the implementation of
economic participation of members, obligation of co-operative bank to the
members and also helps to realize the function of the bank. The ratios, balance
sheet and profit and loss account for the previous years are collected for this
study.

Significance of the study

The study helps to provides meaningful information to the shareholders in

taking such decisions. This study also helps for formulating plans and policies
for the future. External stakeholders use it to understand the overall health of an
organization as well as to evaluate financial performance and business value.

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ChapterII

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Objectives of the study

 To measure the performance of a bank.
 To determine the profitability of the bank.
 To study the long term and short term solvency of the bank.

Research Methodology
Research Design

Nature of study

This is an analytical study.

Nature of data

The study is based on secondary data.

Sources of data

The study is based on secondary data. For this purpose secondary were
collected from the Pune District Co-operative Bank by a discussion with
secretary, staff and other workers. Data were collected from profit and loss
account and balance sheet for the period of 5 years.

Period of study

The study covers 5 years performance of Pune District Central Co-operative

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Bank. This year taken for study is from 2015-2016 to 2019-2020.

Tools for Analysis

Ratio Analysis: Accounting ratios are relationship expressed in mathematical terms

between two related figures in the financial statements. Ratio analysis may be defined as
the process of computing and interpreting relationship between the items of the financial
statements for arriving at conclusion about the financial position and performance of an
enterprise

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Limitations of the study

 The data collected only for a period of five years and is not enough for
making detailed analysis.
 The study is based on mainly secondary data that is published in
annual reports.
 Due to time constraints, detailed analysis is not possible.

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ChapterII
REVIEW OF LITERATURE

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Conceptual Review

‘Financial Performance’ A subjective measure of how well a firm can use

assets from its primary mode of business and generate revenues. This term is
also used as a general measure of a firm’s overall financial health over a given
period of time, and can be used to compare similar firms across the same
industry or to compare industries or sectors in aggregation.

Financial Performance Analysis

Financial performance analysis is the process of identifying the financial

strengths and weaknesses of the firm by properly establishing the relationship
between the items of balance sheet and profit and loss account. It also helps in
short-term and long-term forecasting and growth can be identified with the help
of financial performance analysis. The dictionary meaning of ‘analysis’ is to
resolve or separate a thing in to its elements or components parts for tracing
their relation to the things as whole and to each other. The analysis of financial
statement is a process of evaluating the relationship between the component
parts of financial statement to obtain a better understanding of the firm’s
position and performance. This analysis can be undertaken by management of
the firm or by parties outside the namely, owners, creditors, investors,. It is
performed by professionals who prepare reports using ratios that make use of
information taken from financial statements and other reports. These reports are
usually presented to top management as one of their bases in making business
decision.

Goals

Financial analysis often assess the following elements of a firm:

1. Profitability-Its a ability to earn income and sustain growth in both short-

term and long-term. A company’s degree of profitability is usually based on the
income statement, which reports on the company’s results of operation.

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2. Solvency-Its ability to pay its obligation to creditors and other third parties in
the long-term firm.

3. Liquidity-Its ability to maintain positive cash flow,while satisfying

immediate obligation.

4. Stability-The firm’s ability to remain in business in the long run, without

having to sustain significant losses in the conduct of its business. Assessing a
company’s stability requires the use of the income statement and the balance
sheet, as well as other financial and non-financial indicators, etc.

Financial Statement

‘Financial Statement’ refers to formal ad orginal statements prepared by a

business concern to disclose its financial information.

According to Myer, “Financial Statement Analysis is largely a study of

relationships among the various financial factors in a business, as disclosed by
a single set of statements, and a study of trends of these factors, as shown in a
series of statements.”

The Analysis of Financial Statements is a study of relationships among various

financial values as set out in the financial statements, i.e., Balance Sheet ,
Statement of Profit and Loss and Cash Flow Statement. The complex data
given in the financial statements is divided or broken into simple and valuable
elements and relationships are established between the interdependent or
related elements of the same statement or different financial statements. This
process of division, establishing relationships and interpretation thereof to
understand the working and financial position of a business

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Parties interested in financial analysis

 Management-Financial analysis helps the management to ascertain

overall as well as segment-wise efficiency of the business. Besides, it
helps them in decision-making, controlling and self-evaluation.
 Employees and Trade Unions-Employees are interested in better
emoluments, bonus, better working conditions and security of their jobs.
So, they are always interested in profitability, operating sustainability
and financial strength of the business. Trade union are also interested in
financial analysis because the degree of profitability helps them in
negotiating and entering into wages agreements with the employees.
 Shareholders or Owners or Investors-Owners invest their savings in
the enterprise. Therefore, they are interested in profitability and safety of
their investments. They would like to know whether the business is
profitable, has growth potential and its progress is on expected lines.
Growth potential of business helps in appreciation of their investment.
 Potential Investors-They are interested to know the present profitability
and financial positions as well as future prospects to determine whether
they should invest in a particular company.
 Suppliers or Creditors-They are interested to know the short term
solvency position of a firm,i.e., the ability to meet its short-term
liabilities. Short-term solvency of a firm can be determined with the help
of financial statement analysis. On the basis of analysis, they decide
whether they should allow or extend credit to the enterprise or not.
 Bankers and Lenders-Bankers and Lenders are interested in servicing
of the loans granted to an enterprise,i.e., regular payment of interest and
repayment of principal amount on due dates.
 Researchers- Researchers may like to analyse
profitability, growth, financial positions and future prospects of a

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business or industry. They may be interested in analyzing the data of

different aspects of a business like purchase, sales, operating cost,
particular type of expenditure, etc.
 Tax Authorities-Tax authorities are interested in ensuring proper
assessment of tax liabilities of the enterprise as per the laws in force
from time to time.
 Customers-Customers have a interest in information about the
continuance of an enterprise, especially when they have a long-term
involvement with, or are dependent on, the enterprise.

Objectives and Importance of Study

The primary objective of financial statement analysis is to understand and

diagnose the information contained in financial statement with a view to judge
the profitability and financial soundness of the firm, and to make forecast about
future prospects of the firm. The purpose of analysis depends upon the person
interested in such analysis and his object. However, the following purposes or
objectives of financial statements analysis may be stated to bring out
significance of such analysis:

 To assess the earning capacity or profitability of the firm.

 To assess the operational efficiency and managerial effectiveness.
 To make inter-firm comparisons.
 To make forecasts about future prospects of the firm.
 To assess the progress of the firm over a period of time.

Limitations

 Financial analysis is based upon only monetary information and non-

monetary factors are ignored.
 Financial statement could be wrong due to fraud.
 Financial statement have no predictive value.

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Ⅰ. Financial Ratio Analysis

1. Current Ratio

The current ratio is a liquidity ratio that measures a company's ability to pay
short-term obligations or those due within one year. It tells investors and
analysts how a company can maximize the current assets on its balance sheet to
satisfy its current debt and other payables. A current ratio that is in line with the
industry average or slightly higher is generally considered acceptable. A
current ratio that is lower than the industry average may indicate a higher risk
of distress or default. Similarly, if a company has a very high current ratio
compared to their peer group, it indicates that management may not be using
their assets efficiently. The current ratio is called “current” because, unlike
some other liquidity ratios, it incorporates all current assets and current
liabilities. The current ratio is sometimes called the working capital ratio.

Current Ratio = Current Assets / Current Liabilities

2. Super Quick Ratio

This ratio goes one step ahead of current ratio, liquid ratio & is calculated by
dividing super quick assets by the current liabilities of a business. It is called
super quick or cash ratio because unlike other liquidity ratios it only takes into
account “super quick assets”. This is the most stringent test of a business’
current liquidity situation.

Super Quick Ratio = Super Quick Assets / Current Liabilities

Super quick assets strictly include cash & marketable securities (since they can
almost instantly be converted to cash)

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3. Quick Ratio

The quick ratio is an indicator of a company’s short-term liquidity position and

measures a company’s ability to meet its short-term obligations with its most
liquid assets. Since it indicates the company’s ability to instantly use its near-
cash assets (assets that can be converted quickly to cash) to pay down its
current liabilities, it is also called the acid test ratio. An "acid test" is a slang
term for a quick test designed to produce instant results—hence, the name.

Quick Ratio = Quick Assets / Current Liabilities

4. Fixed Assets to Net Worth Ratio

Fixed assets to net worth ratio is a ratio measuring the solvency of a company.
This ratio indicates the extent to which the owners' cash is frozen in the form of
fixed assets, such as property, plant, and equipment, and the extent to which
funds are available for the company's operations (i.e. for working capital).

Fixed Assets to Net Worth Ratio =Fixed Assets / Proprietors Fund

5. Proprietary Ratio

The proprietary ratio (also known as the equity ratio) is the proportion of
shareholders' equity to total assets, and as such provides a rough estimate of
the amount of capitalization currently used to support a business. If the ratio
is high, this indicates that a company has a sufficient amount of equity to
support the functions of the business, and probably has room in its financial
structure to take on additional debt, if necessary. Conversely, a low ratio
indicates that a business may be making use of too much debt or trade
payables, rather than equity, to support operations (which may place the
company at risk of bankruptcy).

Thus, the equity ratio is a general indicator of financial stability. It should be

used in conjunction with the net profit ratio and an examination of the
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statement of cash flows to gain a better overview of the financial

circumstances of a business. These additional measures reveal the ability of a
business to earn a profit and generate cash flows, respectively.

Proprietary Ratio = Shareholders Fund / Total Assets

6. Solvency Ratio

A solvency ratio is a key metric used to measure an enterprise’s ability to meet

its long-term debt obligations and is used often by prospective business lenders.
A solvency ratio indicates whether a company’s cash flow is sufficient to meet
its long-term liabilities and thus is a measure of its financial health. An
unfavorable ratio can indicate some likelihood that a company will default on
its debt obligations. The main solvency ratios are the debt-to-assets ratio, the
interest coverage ratio, the equity ratio, and the debt-to-equity ratio. These
measures may be compared with liquidity ratios, which consider a firm's ability
to meet short-term obligations rather than medium- to long-term ones.

Solvency Ratio = Total Assets / Total Liabilities

7. Return on Shareholders Fund

Return on Shareholders’ Funds is one of the ratios of overall profitability

group, which indicates the profitability of a firm in relation to the funds
supplied by the shareholders or owners. This ratio is very important from the
owner’s point of view as it helps the firm to know whether the firm has earned
enough returns to repay its shareholders or not.

Return on Shareholders Fund = Net profit after interest and tax /

Shareholders fund ×100

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8. Interest Coverage Ratio

The interest coverage ratio measures how many times a company can cover its
current interest payment with its available earnings. In other words, it measures
the margin of safety a company has for paying interest on its debt during a
given period. The interest coverage ratio is used to determine how easily a
company can pay its interest expenses on outstanding debt. The lower the ratio,
the more the company is burdened by debt expense. When a company's interest
coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be
questionable.

Interest Coverage Ratio = Profit before interest and tax / Interest

9. Debt to Equity Ratio

The debt-to-equity (D/E) ratio is calculated by dividing a company’s total

liabilities by its shareholder equity. These numbers are available on the balance
sheet of a company’s financial statements. The ratio is used to evaluate a
company's financial leverage. The D/E ratio is an important metric used in
corporate finance. It is a measure of the degree to which a company is
financing its operations through debt versus wholly-owned funds. More
specifically, it reflects the ability of shareholder equity to cover all outstanding
debts in the event of a business downturn.

Debt to Equity Ratio = Long term debt / Total Equity

10. Fixed Assets Turnover Ratio

The fixed asset turnover ratio is an efficiency ratio that measures how well a
company uses its fixed assets to generate sales. It is calculated by dividing net
sales by the net of its property, plant, and equipment.

Fixed Assets Turnover Ratio = Net Sales / Fixed Assets

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Empirical Literature

Literature Review was done by referring previous studies, articles and books
to know the areas of study and to analyze the gap or study not done so far.
There are various studies were conducted relating to operational performance
of the company from which most relevant literatures were reviewed. The
review of literature guides the researchers for getting better understanding of
methodology used , limitations of various available estimation procedures
and database and lucid interpretation and reconciliation of the conflicting
results. Besides this , the review of empirical studies explores the avenues for
future and present research efforts with the subject matter.

Sathye . M (2005) , in this study “Privatization performance and efficiency : A

study of Indian banks” found out that Indian strategy of privatization . The
study found that overall performance of private sector banks are better than
public sector bank.

Manoj P.K (2010) , in this study “ Financial soundness of old private sector
banks (OPBs) in India and benchmarking the Kerala based OPBs” : A camel
approach , the study focused on 10 years period from FY 2000 t0 2009. The
author revealed that all Kerala based old private sector banks are lagging
behind the best in class old private sector banks at nationalized level in
financial soundness.

Prasad K.V.N and Ravinder G. (2012) , in their study “ A CAMEL model

analysis of nationalized banks in India” recommended the performance of
the India sector by choosing 20 nationalized banks for the period of 2005-06
to 2009-10. The composite rank is a achieved using average of ranks for
individual parameters as well as group banking .

Mishra A.K , et al. (2012) in their study “ Analyzing soundness in Indian

banking : A CAMEL approach” . The finding of the study state that public
sector banks are lagging in comparison to private sector banks on performance.

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Reddy K.S (2012) , in this study “ Relative performance of commercial

banks in India using CAMEL approach during the period of 2012 , indicated
that the significant improvement in performance of public sector banks.

Gupta . R . (2014) in this study “ An analysis of Indian public sector banks

using CAMEL approach” for a 5 year period from 2009 to 2013 indicated that
Andhra bank was found to be the best performer among public sector banks.

Kour . P . (2015) in this study “ A financial performance analysis of the Indian

banking sector using CAMEL model” stated that profit per employee , total
advances to deposits and CAR is most impacting factor on performance of
banks .

B.Nirmalathasan (2008) in this study “ A comparative study of financial

performance of banking sector in Bangladhesh –An application of CAMEL s
rating” from financial year 1999-2006 , found that 3 banks was 01 or strong ,
31 banks are rated 02 or satisfactory , rating of 7 banks was 03 or fair, 5 banks
were rated 04 or marginal and 2 banks got 05 or unsatisfactorily rating . 1
NCB had unsatisfactorily rating and other 3 NCBs had marginal rating.

Vijay Hemant Sonaje and Dr. Shriram S. Nerleker (2017) in their study
“Financial performance analysis of selected banks using CAMEL approach”
made a modest attempt to analyze the performance of 11 commercial banks in
india during the period 2013-2019 , using CAMEL approach observed that
Kotak bank and HDFC bank are the top performers while the public sector
giant state bank of India and Punjab National bank are the bottom, on the basis
of various ratios under CAMEL parameter.

Jyothi Gupta and Suman jain (2012) in their study Lending practices of co-
operative banks in India and measure and compare the efficiency of co-
operative bank of India and to study the impact of size on the efficiency of the
co-operative banks.

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Chapter II
INDUSTRY AND BANK PROFILE

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Industry Profile

Co-operation is a vast movement which promote voluntary association of

individual having common economic needs combined towards the achievement
of common need . Co-operation is a way of life where by the people until
democratically in the spirit of mutual aid get the largest possible access to
things and service that they need.

According to ER Fag “ co-operation is an association for the purpose of the

joint trading among the week and conducted always in an unselfish spirit on
such terms that all who are prepared to assume the duties of membership may
share it rewards in proportion to degree in which they make use of their
association”

Officially the co-operative movement in India was originated after the

enactment of the co-operative credit societies Act .It was a strange paradox
comparing to co-operative movement in western countries. In western countries
including England , were the first successful co-operative was organized , an
act for governing co-operative institution was passed in the course of the
development of the movement . So it is rightly remarked that in western
countries the development co-operative movement is in following order , first
there were co-operators ,second those co-operators formed co-operative
legislation was passed. But in India the development of co-operative movement
is in a reverse direction. First co-operative societies act second , organization of
co-operative at the official initiative and lastly efforts to find out real co-
operators. So co-operative movement in India is called an official movement ,
rather than a spontaneous democratic movement.

Characteristics of co-operation

 An association of person
A co-operative society come into existence when a group of
individuals joint hands and form an organization .It is a union of

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CENTRAL CO-OPERATIVE BANK LTD.”

individuals usually of meager sources and co-operative society

emerge in conditions of adversity.
 An enterprise
Though a co-operative lays stress on the ethical standards , it is
basically an enterprise .The society run business to ensure economic
benefits for its members.
 Voluntary association
A co-operative society is formed without bringing pressure to bear
on any person. An individual is free to join the society and resign
from his membership of the society at his will and discretion. It
extends to people an opportunity to become members of a co-
operative society.
 Service objective
The main aim of a co-operative society is to serve its members rather
than to earn profits. A minimum amount of profits is necessary even
for a co-operative to ensure that its members do not loose interest in
but its main attention is to provide service for its members.
 Democratic management
The affairs of a co-operative society are handled in democratic
manner. Despite their large number of shares , the members will
have to be with only one vote. This safeguards the self respect of
members and lead to greater willingness on their part to work hard.
 Equality
All the members of co-operative society are treated on consideration
of equality. For co-operation is possible only among individuals. All
have equal access to the services made available by the society.

pg. 29
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CENTRAL CO-OPERATIVE BANK LTD.”

Co-operative Bank

A co-operative bank is a voluntary agency formed by needy persons

themselves to get credit facilities on the basis of the securities they have not
from rich or from the public but by their own resources as resources of the
credit society.

A co-operative bank has defined by divine as “ a mutual society formed ,

composes and governed by working people themselves for encouraging regular
savings and granting small loans an easy turns of interest and repayment.”

Objectives

 It gives loans at concessional rates to needy members.

 It promotes thrift and savings habit among its members.
 A co-operative credit institution is to draw on the sources of funds
outside the society to finance the productive activities of its
members.
 It learns to develop the habit of saving among members so that they
may not have to borrow in future.

Co-operative Banking Structure

Co-operative banking retail and is organized on a co-operative basis. Co-

operative banking institutions take deposits and lend money in most part of the
world . A co-operative banking structure is a three tire federal one these are.

State Co-operative Bank

The state co-operative bank is the apex co-operative credit institution in the co-
operative bank and acts as a watch dog of the co-operative banking structure in
state. Its funds are obtained from share deposits , loans and overdrafts form
RBI .It lends money to central co-operative bank and primary co-operative
credit society and not directly to the farmers.

pg. 30
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

Central Co-operative Bank

These are the federations of the primary credit societies in a district and area of
two types. Those having a membership of primary society only and those
having a membership of societies as well as individuals the funds of the bank
consists of share capital , deposits loans and overdraft from state co-operative
bank and joint stocks. These banks provide finance to member societies within
the limits of the borrowing capacity of the societies.

Primary Co-operative Credit Society

The primary co-operative credit society is an association of borrowers and non

borrowers residing in a particular locality. The funds of the society are derived
from the share capital and deposits of the member and loan from central co-
operative banks. The borrowing powers of the member as well as of the society
are fixed. The loans are given to the members as well as non members.

Service Co-operative Society

In 1958 the national development council passed a series of resolutions. Some

of which were contrary to the main recommendations of the rural credit survey
committee the council that for the development of co-operation as a peoples
movement. It should be organized on the basis of village community as their
primary unit and that responsibility and in initiative of social and economic
development at the village level should be placed on village co-operative
society. All member should have intimate knowledge of one other as well as
sense of mutual obligation and concern for the rehabilitation of the weaker
section of the society.
Commercial Cooperative banks Commercial bank work on the principle of
profit-making. Cooperative banks are owned and operated by members, who are its
customers. Commercial banks are owned by the and private individuals. Cooperative
banks are constituted by different states under different acts.

As defined by ministry of community development and co-operation

pg. 31
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

government of India “ A service co-operative is an organization of villagers

who have willingly combined for mutual help and co-operation in meeting their
common economic needs and in increasing the agriculture production”
Area of operation of service co-operation are to be organized on the basis
of village community as the primary units. Where the villagers are too small
the number of villagers to be covered by a society may be increased in the
interest of viability.

Liability of service co-operative will always be limited. All agriculturists

including tenants, marginal farmers and agricultural. Labours who have attain
at the age at 18 and engaged in the pursuit in the area of operation or having
landed property in the jurisdiction of the society may be controlled as member.

The authorized share capital of service co-operative bank may vary from
Rs lakhs to 50 lakhs. There are 3 types of shares in this society , such as A,B,
and C class shares. ‘A’ class shares of Rs 10 each are allotted to the individuals
, ‘B’ class shares of Rs 100 or Rs 1000 are allotted to government or corporate
bodies. ‘C’ class shares of Rs 5 each are allotted to nominated or associated
members.

Objects

 To provide essential consumer goods.

 To maintain and supply costly agricultural implement on hire.
 To supervise the utilization of loan and to recover loan in time.
 To raise funds by way of deposits from members and others.
 To associate itself with programs of welfare work as may be possible.
 To arrange the supply of farm requirements such as improved varieties
of seeds, fertilizer etc.

Funds

 Share capital.
 Reserves and other funds.

pg. 32
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

 Deposit from members and non members.

 Loans and advances from DCB, KSCB etc.
 Loans , grants, subsidies etc from government.

pg. 33
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

Management

A service co-operative bank is a voluntary form of organization ,

organized on co-operative , principles in such a way as to provide it member
very kind of service they might need. The general body consist of all regular
members of the society except the nominal or associate members . The day to
day business of the society is conducted by the managing committee , It consist
of 7-15 members elected from the members of general body , the managing
committee shall elect a president , vice president and other office bearers from
themselves.

Functions

a) Issue of loans.
b) Supply of from requirement.
c) Hiring of agricultural implements.
d) Marketing of agricultural products.
e) Supply of essential consumer goods.
f) Provide storage facilities.
g) Banking business.
h) Development activities.

Problems

 Mounting of over dues.

 Lack of professional management.
 Lack of knowledge for the proper utilization of funds and instability of
agricultural economy.
 Inadequate arrangement for conversion of credit into physical inputs.
 Inadequate arrangements and other measure for improving credit
capacity of the farmers.

pg. 34
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

Bank Profile

Name and constitution

Area of operation

The area of operation of the bank consist of Nattika village and panchayath.

Vision

 Bank provide short term and medium term loans for agricultural
purposes and long term loan for special schemes approved by
NABARD
, IDBI , SIDBI , NHB.
 Generally to associate it-self with program of welfare for the village and
undertake such educative welfare work as may be possible.
 To provide long term customer facilities such as long term loans.
 Bank provides customers easy way of transaction such as net banking
and SMS banking.

Mission

 Bank provides supply costly agricultural implements on hire.

 To raise funds by way of deposits from members and others.
 To arrange for the storage facilities of the produce raised by the
members.
 To provide other facilities to customers like Neethi gas, Neethi medical
store , Onachadha, Auditorium, Keraleeyam etc.

pg. 35
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CENTRAL CO-OPERATIVE BANK LTD.”

Objectives

The main objectives of the bank is as follows:

 To provide short term and medium term loans for agricultural purpose
and long term loan for special schemes approved by NABARD , IDBI,
SIDBI, NHB etc.
 To arrange the supply of farm requirements such as improved varieties
of seeds, fertilizers, insecticides etc.
 To maintain and supply costly agricultural implements etc.
 To provide essential consumer goods.

Shares

As per the amended by laws, the authorized share capital is a follows:

 ‘A’ class share 2000 @Rs. 10 each.

 ‘B’ class share 1000 @Rs.100 each.
 ‘C’ class shares 5000 @Rs.5 each.
 ‘D’ class share [email protected] each.

Sources of funds

Funds can be mobilizing in the following way:

 Shares.
 Loans and deposits.
 Contributions.
 Membership fee.
 Reserves and other funds.
 Undistributed profits.

pg. 36
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

ADMINISTRATIVE STRUCTURE OF THE BANK

GENERAL BODY

BOARD OF DIRECTORS

PRESIDENT

SECRETARY

ACCOUNTANT

SENIOR CLERK

ATTENDER

PEON

NIGHT WATCHMAN

pg. 37
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

Chapter IV
DATA ANALYSIS AND INTERPRETATION

pg. 38
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4. Data Analysis and Interpretation

Data analysis and interpretation is the process of assigning meaning to the

collected information and determining the conclusions, significance, and
implications of the findings. The steps involved in data analysis are a function
of the type of information collected; however, returning to the purpose of the
assessment and the assessment questions will provide a structure for the
organization of the data and a focus for the analysis.

Analysis consist breaking down a complex set of factor or figures into

simple elements and arranging them in a such a form as to increase their
reliability and preventing them in an easy understandable manner. The
financial analysis is the process of identifying the strength and weakness of the
company with the help of accounting information provided by the profit and
loss account and balance sheet. On the other hand, the term interpretation
means explaining the meaning and significance of the data so arranged. It is the
study of relationship between various components of the financial statements.

In this chapter an attempt has been made to analyze the financial

performance of “Nattika Service Co-operative Bank” using ratio analysis. Ratio
analysis is defined as systematic use of accounting ratios in order to evaluate
the operating performance of a firm. According to j.Betty , “ The term
accounting ratio is used to describe the significant relationship which exists
between figures of Balance sheet , Profit and loss account , in a budgetary
control system or in any other part of the accounting organization”. Ratios can
be expressed in times , percentages and proportion. In this study only important
ratios are selected for studying the financial performance of the “Nattika
Service Co-operative Bank”.

pg. 39
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.1 Current Ratio

Current Ratio = Current Assets / Current

Liabilities Table 4.1 showing current ratio

Year Current assets Current liabilities Current

(lakhs) (lakhs) ratio
2015-2016 17544.206 15822.008 1.1088
2016-2017 19060.188 17751.408 1.0737
2017-2018 20475.378 18148.008 1.1282
2018-2019 23023.87 21041 1.0942
2019-2020 22348.49 19934.6 1.0245
(Source : Secondary data )

Figure 4.1

CURRENT RATIO
1.15
1.1
RATIOS 1.05
1
0.95
2015-20162016-2017 2017-2018 2018-20192019-2020
YEARS

Interpretation

The above figures shows the current ratio for five years . This ratio is used for
analyzing the liquidity or short term financial position of a firm. The standard
ratio is 2:1. The table shows current ratio is less than standard ratio. In 2015-
2016 the ratio is 1.1088 which increased to 1.1282 in 2017-2018 . Later current
ratio is decreased.

pg. 40
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.2 Super Quick Ratio

Super Quick Ratio = Super Quick Assets / Current

Liabilities Table 4.2 showing super quick ratio

Year Super Quick Current Super Quick

Assets Liabilities Ratio
(lakhs) (lakhs)
2015-2016 6790.008 15822.008 0.429
2016-2017 8164 17751.408 0.459
2017-2018 7590.57 18148.008 0.418
2018-2019 8720.51 21041 0.414
2019-2020 4631.41 19934.6 0.232
(Source:Secondary data)

Figure 4.2

SUPER QUICK RATIO

0.5
0.4
0.3
RATIOS 0.2
0.1
0
2015-20162016-2017 2017-2018 2018-20192019-2020
YEARS

Interpretation

The above figure shows super quick ratio for five years . The standard ratio is
0.5:1. The table shows super quick ratio is less than standard ratio. In 2015-
2016 the ratio is 0.429 which is increased to 0.459 in 2016-2017. Later
decreased.

pg. 41
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.3 Quick Ratio

Quick Ratio = Quick Assets / Current

Liabilities Table 4.3 showing quick ratio

Year Quick Assets Current Quick Ratio

(lakhs) Liabilities
(lakhs)
2015-2016 16790.008 15822.008 1.0611
2016-2017 18154.008 17751.408 1.022
2017-2018 19750.578 18148.008 1.088
2018-2019 22789.15 21041 1.083
2019-2020 21364.46 19934.6 1.071
(source:Secondary data)

Figure 4.3

QUICK RATIO
1.1
1.08
1.06
RATIOS 1.04
1.02
1
0.98
2015-20162016-2017 2017-2018 2018-20192019-2020
YEARS

Interpretation

The above figure shows quick ratio for five years. The standard ratio is 1:1.
The table shows quick ratio covers the standard ratio. In 2015-2016 the ratio is
1.0611 which increased to 1.088 in 2017-2018. Later the ratio is decreased.

pg. 42
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.4 Fixed Assets to Net Worth Ratio

Fixed Assets to Net Worth Ratio = Fixed Assets / Proprietors

Fund Table 4.4 showing fixed assets to net worth ratio

Year Fixed Assets Proprietors fund Ratio

(lakhs) (lakhs)
2015-2016 12 1405 0.00854
2016-2017 12 878 0.0136
2017-2018 12 1747 0.0068
2018-2019 12 1537 0.0078
2019-2020 12 1979 0.00606
(Source; Secondary data)

Figure 4.4

FIXED ASSETS TO NET WORTH RATIO

0.015

0.01
RATIOS
0.005

0
2015-20162016-2017 2017-2018 2018-20192019-2020
YEARS

Interpretation

The above figures shows the fixed assets to net worth ratio for 5 years . The
standard ratio is 0.62:0.65. In 2015-2016 ratio is 0.00854 increased to 0.0136.
Later the ratio is decreased. This ratio indicates contribution of owners in
financing fixed asset ratio less than one . The whole of fixed asset and a part of
working capital are financed from shareholders fund.

pg. 43
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.5 Proprietary Ratio

Proprietors Fund = Shareholders fund / Total

assets Table 4.5 showing proprietary ratio

Year Shareholders Total Assets Ratio

Fund (lakhs)
(lakhs)
2015-2016 1405 17556.208 0.0800
2016-2017 878 19072.188 0.0460
2017-2018 1747 20487.378 0.0852
2018-2019 1537 23035.87 0.0667
2019-2020 1979 22360.49 0.0885
(Source:Secondary data)

Figure 4.5

0.12
PROPRIETARY RATIO
0.1
0.08
RATIOS 0.06
0.04
0.02
0
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
YEARS

Interpretation

This figure shows proprietary ratio of 5 years. The standard ratio is 0.5:1. In
2015-2016 the ratio is 0.0800 which is slightly increased to 0.0885 in 2019-
2020 . This table shows a low proprietary ratio means more dependence on
borrowed funds and greater risk for creditors.

pg. 44
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.6 Solvency Ratio

Solvency Ratio = Total Asset/ Total

liabilities Table 4.6 showing solvency ratio

Year Total Asset Total Liabilities Ratio

(lakhs) (lakhs)
2015-2016 17556.208 17556.208 1
2016-2017 19072.188 19072.188 1
2017-2018 20487.378 20487.378 1
2018-2019 23035.87 23035.87 1
2019-2020 22360.49 22360.49 1
(Source:Secondary data )

Figure4.6
SOLVENCY RATIO
1.2
1
0.8

RATIOS 0.6
0.4
0.2
0
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
YEARS

Interpretation

The above figure shows that the firm is financially sound. Total assets and the
total liabilities are equal . More satisfactory on stable is the long term solvency
position.

pg. 45
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CO-OPERATIVE BANK LTD.”

4.7 Return on shareholders fund

Return on shareholders fund = Net profit after interest and tax

/Shareholders fund×100

Table 4.7 showing return on Shareholders Fund

Year Net Profit after Shareholders Ratio

Interest and Fund
Tax (lakhs)
(lakhs)
2015-2016 46 1405 3.274
2016-2017 48 878 5.46
2017-2018 48 1747 2.747
2018-2019 61 1537 3.968
2019-2020 34 1979 1.718
(Source:Secondary data)

Figure 4.7

RETURN ON SHAREHOLDERS FUND

6
4
RATIOS 2
0
2015-20162016-2017 2017-2018 2018-20192019-2020
YEARS

Interpretation

The above figure shows return on shareholders fund for five years. In 2015-
2016 return on shareholders fund is 3.274 which is increased to 5.46 in 2016-
2017 , In 2019-2020 the ratio is decreasing. The high rate in 2016-2017
indicates that a better return to shareholders on their funds.

pg. 46
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.8 Interest Coverage Ratio

Interest coverage ratio= Profit before interest and tax/

Interest Table 4.8 showing Interest Coverage Ratio

Year Profit before Interest Interest coverage

interest and tax (lakhs) ratio
(lakhs)
2015-2016 46 340 0.1352
2016-2017 48 405 0.188
2017-2018 48 459 0.1045
2018-2019 61 473 0.128
2019-2020 34 549 0.061
(Source:Secondary data)

Figure 4.8

INTEREST COVERAGE RATIO

0.15

0.1

RATIOS
0.05

0
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
YEARS

Interpretation

The above figure shows interest coverage ratio for five years. The standard
ratio is six to seven times. In 2015-2016 the ratio is 0.1352 times which is
decreased to 0.061 times in 2019-2020. Higher the ratios better the position of
creditors in receiving periodical interest.

pg. 47
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.9 Debt to Equity Ratio

Debt to Equity Ratio= Long term Debt / Total

Equity Table 4.9 showing Debt to Equity Ratio

Year Long term debt Total equity Debt equity

(lakhs) (lakhs) Ratio
2015-2016 329.20 1405 0.234
2016-2017 442.78 878 0.504
2017-2018 592.37 1747 0.339
2018-2019 457.87 1537 0.297
2019-2020 446.89 1979 0.225
(Source;Secondary data)

Figure 4.9

DEBT TO EQUITY RATIO

0.6
0.5
0.4

RATIOS 0.3
0.2
0.1
0
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
YEARS

Interpretation

The above figure show debt to equity ratios for five years. In 2015-2016 the
debt to equity is 0.234 which increased to 0.504 in 2016-2017, In 2019-2020
ratio is decreasing. Highest rate is in 2016-2017.

pg. 48
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL
CO-OPERATIVE BANK LTD.”

4.10 Fixed Assets Turnover Ratio

Fixed Assets Turnover Ratio=Net sales/Fixed

Assets Table 4.10 showing Fixed Assets Turnover

Ratio

Year Net sales Fixed Assets Ratios

(lakhs) (lakhs)
2015-2016 14678.99 12 0.0122
2016-2017 16802.56 12 0.04140
2017-2018 16781.20 12 0.0139
2018-2019 16597.86 12 0.0138
2019-2020 16521.01 12 0.0137
(Source:Secondary data)

Figure4.10
FIXED ASSETS TURNOVER RATIO
0.016
0.014
0.012
0.01
RATIOS 0.008
0.006
0.004
0.002
0
2015-2016 2016-2017 2017-2018 2018-2019 2019-2020
YEARS

Interpretation

The above figure shows the fixed assets turnover ratio for five years. In 2015-
2016 the ratio is 0.0122 increased to 0.04140 . Later the ratio is decreased. It
indicates that the firm is investing more in fixed assets but not utilizing it
efficiently.

pg. 49
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

Chapter V
FINDINGS, SUGGESTIONS AND CONCLUSIONS

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CENTRAL CO-OPERATIVE BANK LTD.”

5.1Findings

The study was conducted mainly to ascertain the financial performance of

Nattika Service Co-operative Bank. The major findings of the study are :-

 The standard current ratio is 2:1 . This ratio is used for analyzing the
liquidity or short term financial position of a firm. In 2015-2016 the
current ratio is 1.1088 which is increased to 1.1282 in 2017-2018 , later
decreased. Thus the ratio is not satisfactory.
 The standard super quick ratio is 0.5:1. In 2015-2016 the ratio is 0.429
which is slight increased to 0.459 in 2016-2017. This ratio is below the
standard. Thus the ratio is not satisfactory.
 The standard quick ratio is 1:1. Higher liquid ratio means significant
portion of liquid assets are in the form of unrealizable doubtful debt for
correct interpretation current ratio and quick ratio are taken together . In
2015-2016 the ratio is 1.0611 which increased to 1.088 in 2017-2018,
later the ratio is decreased. The quick ratio are just covers standard ratio.
Thus the bank does not have sufficient liquid assets to meet short term
obligation of the bank.
 The standard fixed assets to net worth ratio is 0.62:0.65. In 2015-2016
the ratio is 0.00854 increased to 0.0136 in 2016-2017, later the ratio is
decreased . This ratio indicates contribution of owners in financing fixed
asset ratio less than one that means it is considered as ideal. The whole
of fixed assets and a part of working capital are financed from
shareholders fund.
 The standard proprietor ratio is 0.5:1. In 2015-2016 the ratio is 0.0800
which is slightly increased to 0.0885 in 2019-2020. Thus it shows a low
proprietary ratio means more dependence on borrowed funds and greater
risk for creditors.

pg. 51
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

 The total assets and the total liabilities are equal. Lower the ratio of total
liabilities to total assets. More satisfactory on stable is the long term
solvency position of firm.
 The return on shareholders fund in 2015-2016 is 3.274 which is
increased to 5.46 in 2016-2017. In 2019-2020 the ratio is decreasing.
The high rate in 2016-2017 indicates that a better return to shareholders
on their funds whereas in last 3 years it shows declining tendency.
 The standard interest coverage ratio is six to seven times . In 2015-2016
is 0.1352 times which decreased to 0.061 times in 2019-2020. Higher
the ratios better the position of creditors in receiving periodical interest.
Thus this ratio is not satisfactory.
 The debt equity greater than 0.5 , it shows most of firms assets are
financed through debt.
 The fixed assets turnover shows , in 2015-2016 the ratio is 0.0122
increased to 0.04140. Later the ratio is decreased. This indicates fixed
assets are not utilizing efficiently.

pg. 52
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

5.2Suggestions
 The bank should maintain current ratio to the ideal 2:1 . It can be
achieved by proper utilization of funds.
 The creditors risk can be reduced by improving proprietary ratio.
 The proprietors ratio less than one indicates that all fixed assets are
purchased out of proprietors fund and a part of it is invested in fixed
assets.
 The bank should maintain super quick ratio to the ideal 0.5:1. It can
be achieved by proper utilization of assets.

pg. 53
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

5.3Conclusion

The study deals with the financial performance of Nattika Service Co-
operative bank. From this study we are able to conclude that financial
performance of the bank is not satisfactory in terms of liquidity, proprietors
fund and interest coverage.

The ratio analysis reveals that the current ratio of the bank is not favourable.
Because of the cash balance is lying idle not efficiently used.The overall
performance of the bank is good.

pg. 54
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

BIBLIOGRAPHY

pg. 55
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

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pg. 56
 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

 Gupta, R. (2014), “An Analysis of Indian Public Sector Banks

using CAMEL Approach”, IOSR Journal of Business and

Management, Vol. 16(1), Ver. IV, pp. 94–102.

 Kaur, P. (2015), “A Financial Performance Analysis of the

Indian Banking Sector using CAMEL Model”, The IUP Journal

of Bank Management, Vol. 14(4), pp. 19–33.

 Vijay Hemant Sonaje1 and Dr. Shriram S. Nerleka (2017)

“Financial Performance Analysis of Selected Banks using CAMEL

Approach” Books

 Vinod .A (2019)- Accounting for Management – Published by

Calicut University-Chalad

 Rajesh Karippal .P.V , Lazar Muttath – Co-operative Theory

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Websites

 www.Google.com

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 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT
CENTRAL CO-OPERATIVE BANK LTD.”

ANEXURE

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 “A STUDY ON FINANCIAL PERFORMANCE OF PUNE DISTRICT CENTRAL CO-
OPERATIVE BANK LTD.”

SUMMARISED BALANCE SHEET FOR THE LAST FIVE YEARS

₹ in lakhs
Particulars 2015-2016 2016-2017 2017-2018 2018- 2019-
2019 2020

Equity and
Liabilities
a)Share capital 780 615 1005
b)Reserves and 978 1035
surplus 579 215 694
c)Profit and 498 910
loss a/c(net 46 48 48
profit) 61 34
Non-current
liabilities
a)Long term 329.20 442.78 592.37 457.87 446.89
debt
Current
liabilities
a) Trade payable 6811.002 7875.704 9947.004 8520.5 6678.3
b) other current
liabilities 9011.006 9875.704 8201.004 12520.5 13256.3

Total
17556.208 19072.188 20487.378 23035.87 22360.49
Assets

Non current
assets
a) Fixed Assets
 Land
and 5 9 3 6 7
building 4 1.7 5 4 1.3
b) Advances 3 1.3 4 2 3.7
c) other assets

Current assets 6790.008 8164 7590.57 8720.51 4631.41

a)cash at bank
754.20 906.18 724.80 234.72 984.03
b)Stock
10000 9990.008 12160.008 14068.64 16733.05
c)Receivables

17556.208 19072.188 20487.378 23035.87 22360.49

Total
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OPERATIVE BANK LTD.”

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CO-OPERATIVE BANK LTD.”

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CO-OPERATIVE BANK LTD.”

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CO-OPERATIVE BANK LTD.”

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