The District Central Cooperative Banks of Chhattisgarh's Position and Share in India with Different Parameters

Abstract

Background: Chhattisgarh's nominal gross state domestic product (GSDP) is estimated at ₹5.09 lakh crore (US$58 billion) in 2023–24, the 17th largest state economy in India. Chhattisgarh's success factors in achieving high growth rate are growth in agriculture and industrial production. Purpose: District Central Cooperative Banks (DCCBs) constitute a crucial component of India’s rural credit delivery system. This study evaluates the position and share of DCCBs in Chhattisgarh relative to All-India DCCBs across major financial and operational parameters. Methodology: The study is based on secondary data from NABARD, RBI, and official cooperative banking reports for March 2023. A cross-sectional comparative analysis was conducted using percentage analysis and comparative statistical techniques. Findings: Results indicate that DCCBs in Chhattisgarh maintain a significant share in membership, deposits, and investments relative to national totals, while their borrowing levels remain comparatively low. Individual deposits constitute the major portion of total deposits, demonstrating strong public trust in cooperative banking institutions. Policy Implications: Strengthening capital base, improving lending outreach, and enhancing reserve funds can further improve the performance of cooperative banks in the state.