Documente Academic
Documente Profesional
Documente Cultură
Submitted By,
ADHISH. P
(Reg. No. OMAOBS0091)
2014-2017
1
DECLARATION
I have not submitted the same for the award of any degree, diploma or any recognition
before. All the data both primary and secondary are true to the best of my knowledge.
(OMAOBS0091)
Date :
2
ACKNOWLEDGEMENT
First of all let me extended my whole hearted thanks to God Almighty for
giving me an opportunity and good health for the successful completion of this project
work
ADHISH. P
(OMAOBS0091)
3
LIST OF CONTENTS
List of tables
List of charts
1 CHAPTER 1
INTRODUCTION
1.1 Introduction
1.2 Objectives
2 CHAPTER 2
INDUSTRIAL PROFILE
3 CHAPTER 3
COMPANY PROFILE
4
3.4 Vision
3.5 Mission
4 CHAPTER 4
CONCLUSION
Findings
Suggestions
Conclusion
BIBLIOGRAPHY
APPENTIX
5
LIST OF TABLE AND CHARTS
6
CHAPTER 1
INTRODUCTION
7
1.1 INTRODUCTION
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relatively comprehensive network to the grass root level. This sector mainly focuses on
the local population and micro- banking among middle and low income strata of the
society. These banks operate mainly for the benefit of rural areas, particularly the
agricultural sector
1.2 OBJECTIVES
Primary objective
Secondary objectives
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1.4 RESEARCH METHODOLOGY
TYPES OF RESEARCH
DESCRIPTIVE RESEARCH
Here the descriptive form of research method is adopted for study. The major
purpose of descriptive research is description of state of affairs of the institution as it
exists at present. The nature and characteristics of the financial statements of the
financial statements of MUKKAM SERVICE CO-OPERATIVE BANK LTD has been
described in this study.
NATURE OF DATA
The data required for the study has been collected from secondary source. The
relevant information was taken from balance sheet, profit and loss statement, journals
and internet.
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short term and long term solvency and turnover were very much required for attaining
the objectives of the present study. In order to fulfill the objectives of the study the data
has been collected from both
Primary Data
Secondary Data
a) Primary Data
To generate primary data for the analysis, direct personal interview and
discussion was made company assistant manager of finance, accounts and other
officials. The data collected from the interview are coordinated and analyzed in
an integrated fashion throughout the dissertation.
b) Secondary Data
Secondary data refers to the information or facts already collected such
data are collected with the objectives of the past status of any variable or the data
collected and reported by some source is accessed and used for the objective of a
study. Normally in research the scholars collect published data balance sheet,
profit and loss account loan statement, journals and internet.
SAMPLING DESIGN
Plan of analysis
The conducted is descriptive study. The data collected was
classified and tabulated for the study. The analyzed data are
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represented in the form of tables and graphs, making use of statistical
tools such as averages and percentages for the better understanding.
TOOLS APPLIED
1. Ratio analysis
2. Common Size Statement
3. Comparative statement
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CHAPTER 2
INDUSTRIAL PROFILE
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2.1 ORIGIN OF CO-OPERATIVE BANKING:
The beginning co-operative banking in India dates back to about 1904, when
official efforts were made to create a new type of institution based on principles of co-
operative organization & management, which were considered to be suitable for
solving the problems peculiar to Indian conditions.
The philosophy of equality, equity and self help gave way to the
bank form an integral part of banking system in India. Under the act of 1904,
union of primary credit societies and individuals. Co-operative Banks in India are
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OPERATION OF CO-OPERATIVE BANKING:
Co-operative bank performs all the main banking functions of
deposit mobilization, supply of credit and provision of remittance
facilities.
Co-operative Banks belong to the money market as well as to the
capital market.
Co-operative Banks provide limited banking products and are
functionally specialists in agriculture related products. However,
cooperative banks now provide housing loans also.
UCBs provide working capital loans and term loan as well.
Establishments:
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Limitation of dividends out of profits and bonus to depositors and
borrowers or grants to cultural or co-operative endeavor.
These banks are constituted of voluntary association, self-help and
mutual aid, one share one vote and non-discrimination and equality of members.
Farming
Cattle
Milk
Hatchery
Personal finance
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The Co-operative banks in urban areas finance in activities like:
Self-employment
Industries
Small scale units
Home finance
Consumer finance
Personal finance
Some of the forward looking Co-operative banks have developed
sufficient core competencies to such an extent that they are able to challenge
state and private sector banks.
The exponential growth of Co-operative banks is attributed mainly to
their much better contacts with the local people, personal interaction with
customers, and their ability to catch the nerve of the local clientele. The total
deposits and landings of Co-operative banks are much more than the Old
Private Sector Banks and the New Private Sector Banks.
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banking habits among the lower and middle income groups and in
strengthening the rural credit delivery system.
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providing an alternative to exploitation by moneylenders for Baroda's
residents.
In the formative stage Co-operative Banks were Urban Co-operative
Societies run on community basis and their lending activities were restricted
to meeting the credit requirements of their members. The concept of Urban
Co-operative Bank was first spelt out by Mehta Bhansali Committee in 1939
which defined on Urban Co-operative Bank . Provisions of Section 5 (CCV)
of Banking Regulation Act, 1949 (as applicable to Co-operative Societies)
defined an Urban Co-operative Bank as a Primary Co-operative Bank other
than a Primary Co-operative Society were made applicable in 1966.
With gradual growth and also given philip with the economic boom,
urban banking sector received tremendous boost and started diversifying its
credit portfolio. Besides giving traditional lending activity meeting the credit
requirements of their customers they started catering to various sorts of
customers viz.self-employed, small businessmen / industries, house finance, consumer
finance, personal finance etc
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CHAPTER 3
COMPANY PROFILE
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3.1 BACKGROUND OF THE COMPANY
The mukkam service co-operative bank was established in the year 1946
as a primary consumer credit society as per 1932 Madras providence act , under
leadership of Velayudhan compounder with 100 members .This act was enforced in
Malabar area until the passing of Kcs act 1969.The main aim of this society is to
distribute the essential food grains through public distribution system, to promote the
habit of trift and self help among members.
3.2 The Non Banking Business activities in Mukkam Service Co-operative Bank
1. Textiles Supermarket
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The railway reservation counter starts for the help of Mr,
SHANAVAS.Here is issuing the railway ticket reservation. The office placed in
Mukkam, near the bank office
3. Neethi medicals store
A 9 to 6 hour neethi medical store has situated in Mukkam, near by
Mukkam service bank .providing allopathic medicines at discount rate.
4. Fertilizers shop
In Mukkam service co-operative bank is providing the service for farmers in
Mukkam region .The products are selling in discount rate, it is situated in PC
Junction on Mukkam.
SHARE CAPITAL
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52046.00s b class shares and RS 677000.00s as C class shares and RS
1995990.00s D class shares
Secretary
Senior Clerk
Junior Clerk
Junior Clerk
Typist
Attender Attender
Night Watchman
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NATURE OF BUSINESS CARRIED
Co-operative banking has certain characteristics features of its own .The important
features of Co-operative banking is,
STRENGH
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WEAKNESS
Relatively very low cash flow
Restricted to only perticular area
Absence NRI accounts
OPPORTUNITIES
The Industrialisation of the district may affect ecology and environment of the
district.
Seasonal effect changes in the season will affect the agricultural
developments.
District Co-operative Banks trying to reduse financial assistance.
3.4 VISION
To be a socially responsible and benchmarked financial institution in the Co-
operative sector by offering quality banking services for socio-economic devolopment
of the community we serve.
3.5 MISSION
Mission of the Co-operative Bank is CO-OPERATIVE, It refers to;
C -Concern for the people & commitment to social development .
O Offer best quality banking services .
O-Operational accessibility to all.
P-People friendly product and activities.
E-Ethics and justices to customers.
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R-Responsibility towards down trodden
A-Acceptance and accommodation of haves and have nots.
T-Technological up gradation and advancement.
I-Innovation and excellence.
V-Vibrant and proactive banking institution.
E-Empower the masses and enrich the society.
The mission of Mukkam Co-operative bank is to become an admirable leading
Co-operative bank in the country by offering innovative and affordable banking
services to our valued member
SERVICES
Apart from the main function of accepting deposit and granting advances, a
banker also performs a number other services to customers. Such services are called
by subsidiary, and ancillary services, a banker will be able to earn the goodwill of his
customers and attract fresh customers. The subsidiary services of a banker may be
classified into two classes. They are,
AGENCY SERVICE
The service rendered by a banker as an agent of his customer is called
agency services. Services rendered by a banker are as follows:
Collection of money on behalf of customers understanding
instructions.
Collection and payment of pensions.
Acting as an agent of coir board.
Arranging for remittance of funds behalf of customers.
Acting as trustee, Executer, Administrator attorney of customers.
OTHER SERVICES:
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3.6 STYLE OF THE ORGANISATION
Style refers to the central style of the organization and how key
managers behave in achieving the organizations goals. The working
style of the Co-operative Bank is as follows:
The Board Meeting will be held on every month, the bord meeting for
discussing and deciding on the following matters.
1.Sanctioning of loan
2.Problems relating to staff disciplinary actions
3.Employees Appointment
4.Profit and Loss
5.Audit Report
6.Registars Circulars
7.Government Orders
8.Future programs of the bank
9.Day to day working of the bank
10.The current affairs of the bank
The final accounts of the bank are approved by the Board of Directors
followed by the Auditors report and presented before Annual general Body
Meeting after the approval of I the Board of Directors.
1.Day book
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2.General Ledger
4.Trial balance
5.Cash Reserve
8.Share Register
9 .Postage Registers
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3 President He is the head of the Board
and chairs the meetings of
the Board and the General
Body of members as per
BYELAW CL27 & ACT &
RULE
4 Secretary All the duties and He is the
responsibilities conferred Management
under the Kerala State Co- Representative. It is
operative Acts and Rules, duty to convene all
BYE LAWS CL 29 and sub kinds of meeting
rules of the Bank. He is the from staff meeting to
first person directly the General Body. He
responsible and answerable has overseen and led
to the Board of Directors. the financial
The general administration development of the
of the affairs of the Bank Bank.
rests with hint
5 Assistant Secretary The day- to - day running of AMR Additional
the Bank concerned with the duties delegated by
transactions with the secretary.
customers He has act on
secretarys behalf on
delegation and his absence
6 Chief Accountant Prepare datas for final audit Additional duties
and checks and verifies delegated by
audit. secretary
7 Internal Auditor Conduct internal audit Additional duties
before statutory audit and delegated by
assist and prepares various secretary
list for statutory audit
8 Brach Managers Custodian of cash and stock Additional duties
at branches. Monitoring delegated by
Deposits, Loans, NPA and secretary
prepare final report to HO.
He/ She is responsible for
data back up and strong
room access control
9 Operating staff Operating all sections of Additional duties
deposits, loan to arrange for delegated by
the functioning of teller Secretary and Branch
counter. Assist branch Manager. Check/ sent
manager in preparation of mails and postages
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all financial statements. including notices to
Systematic maintenance of customers
daily RV files ,forms
MEMBERSHIP
There are four type of membership are given in the society A class
B class, C and D class shares. A class membership is given only through
the board of directors of the society. The qualification for A class share
holders is his living or working is the jurisdiction of the societies. B class
shares is given only the government institutions. C class membership is given
for gold loan purpose, D class share is given those person who are
businessmen or sell employed person working or living in Kozhikode
corporation area
MANAGEMENT
The management of The MUKKAM SERVICE CO-OPERATIVE
Bank is run by the board of management. The board of management
consisting 10 members of which one shall be reserved to a member belonging
to scheduled Cast/ Scheduled Tribe and one shall be reserved to a member
belonging to women. The Board of Management shall have powers to
determine the scale of establishment necessary for the administration of the
bank. They shall have power from time to time to make regulations not
inconsistence with the byelaws of the bank of act of 1969 and the rules farmed
there under for the conduct of the business of the Bank. The Board of
Management shall appoint a full time paid General Manager and a full time
paid Treasurer (cashier) who shall have no seat on the Board. The Board of
Management shall also have power to elect representative to other co-
operative institutions. The members of the Board of management hold office
for a period of five years from the date of taking changes
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OBJECTIVES OF MUKKAM SERVICE CO-OPERATIVE BANK
1.To encourage the habit of frugality and co-operative mentality on members and
achive this project function as maximum.
5.It frames programs for house holds articles and essentials goods.
6.It increases the standard of living on family members and their economic condition
by adopting various developmental programs.
7.It device appropriate programs for cottage industry and small scale industry
development.
10.To obey the co-operative laws and open with permission of the Registrar branches
at suitable place in the area of operation in Calicut.
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GROSS PROFIT RATIO
GROSS PROFIT
500000
400000
300000
100000
0
2012 2013 2014 2015 2016
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CALCULATION OF NET PROFIT RATIO
1.5
0.5
0
2012 2013 2014 2015 2016
33
MUKKAM SERVICE CO-OPERATIVE BANK LTD; NO F 1241
TRADING, PROFIT & LOSS A/C FOR THE PERIOD ENDED 30-03-2016
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MUKKAM SERVICE CO-OPERATIVE BANK LTD; NO F 1241
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CHAPTER 4
CONCLUSION
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FINDINGS
i. From my analysis it is found that non banking activities has significant role in
the overall profitability.
ii. It is fount from the analysis that percentage of deposits growing for the last year
while comparing the liabilities
iii. From the comparative analysis of the balance sheet it is observed that reserve
and surplus has be fluctuating during the study period, while other values are
held constant.
iv. From the comparative analysis it made percentage of investments and other
assets has grown to 25% and 52%.and also, the capital and other liabilities are
also increased.
v. The functions of the bank are running properly.
vi. The bank is running with an effective administration structure.
SUGGESTIONS
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CONCLUSION
The study entitled an non banking activities and its roll on
overall profitability of Mukkam Service Co-operative bank. The
Mukkam Service Co-operative bank is one of the good banking systems
in Mukkam. At present the bank having five branches in Calicut. Non
banking activities affected to the overall profitability in bank. For
understanding the Non-banking performance of the bank techniques
ratio analysis, common size balance sheet, and comparative balance
sheet are used. Based on like analysis and interpretation suggest that the
bank have satisfactory nonbanking financial position. The study of the
financial of the bank is leads to the conclusion that if Non banking
activities are managed properly then the bank is prosperous. This is true
in case of Mukkam Service Co-operative Bank.
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BIBLIOGRAPHY
REFERENCE
WEBSITES
WWW.rbi.org.in
http://www.inestopedia.com
http://www.accountingtools.com
www.wikipedia.com
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APPENDIX
QUESTIONNAIRE
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8. What are the different loans provided by this bank?
9. What are the legal procedures for getting loan?
10.The maximum number of loans granted to one person at a time?
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