Welcome to the Anantnag Central Cooperative Bank Ltd. Anantnag
Registered under Co Operative Societies Act in the year 1923.
Establishment
The Bank was established in December 1923 under Registration No. C/294, under the approval of the Reserve Bank of India, has completed 100 years in banking services.
GOVERNANCE
The Bank is having its own By-Laws and is managed by a Professional Board of Directors in which the CEO/MD acts as Member Secretary. Registrar Cooperative Societies J&K is the Controller, Reserve Bank of India (RBI) is its Regulator, and the National Bank for Agriculture and Rural Development (NABARD) is the Supervisor of the Bank. The By-laws inter-alia contain the Code of Conduct for the Board of Directors and the Human Resource Policy devised by the National Bank duly updated.
The Committees made within the provisions of the By-Laws duly approved by the Board constituted within the Board include the Executive Committee, Loan Committee, Audit Committee, Risk Management Committee, Monitoring and Evaluation Committee, and Human Resource Committee while as the Institutional Committees comprise Vigilance Committee, ALCO Committee, Investment Committee, IS Committee, Institutional Development Cell (IDC), Compliance Committee, Grievance Redressal Committee and Security Steering Committee.
what we offer.
Empowering your financial growth.
The Anantnag Central Cooperative Bank, in association with NABARD (National Bank for Agriculture and Rural Development), offers a variety of schemes aimed at enhancing agricultural productivity, promoting rural development, and ensuring financial inclusion. These schemes are tailored to meet the diverse needs of farmers, rural entrepreneurs, and the broader rural community. Below are some key schemes offered by the bank:
STAKE HOLDING
The Anantnag Central Cooperative Bank.
The major portion of the area of operation consists of the rural area. The population were of form 86% of the total population. Out of which 1.5 Lakhs Plus persons are linked with the bank as individual depositors, 7500 Plus persons as borrowers, and 79 PACs at tier III covering at least 227500 persons. The stakeholders including the prescribed strength of the staff exceed 394759 persons. The bank has been rendering its services, especially to the weaker section of society comprising small and marginal farmers, small transport operators, rural artisans, etc. since 1923.
Central Office
