Working Performance of Urban Co-operative Banks (UCBs) in Coimbatore District, Tamil Nadu: A Study

Co-operation in its ordinary sense would mean working together. Whereas in its technical sense the term would denote a special mode of doing business, which gives rise to the formal organization and the methods and techniques associated with it. The formal co-operation is the framework for people working together according to certain conditions or principles which the participants agree to observe. Banking is a service industry. The main objective of the banking is to provide the financial support to its customers / members in co-operatives. The urban co-operative banks occupy a significant place in the urban credit movement. The urban co-operative credit movement started in India with the chief object of catering to the banking and credit requirements of the urban middle class, e.g., the small trader of businessman, the artisan or factory worker, the salaried people with a limited fixed income in urban or semi-urban areas. This study is an Empirical Research; study reveals the working performance of the Urban Co-operative Banks (UCBs) in Coimbatore District of Tamil Nadu, India. The core finding of the study will explore the knowledge path and give a financial outlook of UCBs for researchers and policy makers in all respect to take effective decisions.