Journal of Tourism & Hospitality
Open Access

Abstract

A Study on the Deposit Mobilization Pattern of the Dindigul District Central Co-operative Bank Limited

Selvaraj N and Balaji Kumar P

The principle of co-operation, all sociability and mutual aid, the progress of organic life, the improvement of the organism, and the strengthening of the species becomes utterly incomprehensible. The rational for the establishment of District Central Co-operative Banks should be an intermediary agency between the primary credit society with rural bias and the provincial Co-operative Bank with urban bias. Deposits are the life blood of a banking institution, including co-operative banks, as they constitute the chief source of funds to undertake lending operations. The banks offer a number of deposit schemes to the public which include fixed deposit, saving deposit, current deposit and the like. The Dindigul District Central Co-operative Bank does not depending on its internal sources alone. This study attempts to analyse the trend and growth of various types of deposits collected by the DDCC Bank during the period 1995-96 to 2009-10.