Working Capital Management of SriLakshminarayana Cooperative Urban Bank Ltd.,Tiruvarur

Ramu Nagarajapillai ()

MPRA Paper from University Library of Munich, Germany

Abstract: In fact, under the new competitive pressures in Urban Cooperative Banks (UCBs) to enhance their overall efficiency pose serious challenges. Since the operational efficiency of the UCB is crucial in ensuring adequate and timely flow of credit to urban and semi-urban people for diverse purposes, intensive observation on their performance deserves serious consideration. In this context, present study examined management of resources of the Sri Lakshminarayana Cooperative Urban Bank Ltd. (SLNCUB), Tiruvarur. The study revealed that the deposits (86.26%) was the major sources of resources of SLNCUB. The share of fixed deposits in the total deposits was 83.12%. This bank do not depend on borrowings for mobilizing resources. The accumulated reserves are 3.39 times of the share capital and increasing trend of membership during the study period. Working capital of the bank, has shown on an average growth rate of 11.66% under the study period. The study suggests strengthening share capital base and offering new product such as insurance linked savings bank account. Besides this, the study urged for reducing the share of high cost deposits in the total deposits and concentrate more on low cost deposits. The repeal of individual ceiling for collection of share capital from members at the time of borrowings is warranted.

Keywords: Urban Cooperative Bank; Deposit; Insurance; Operational Efficiency (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2007-01, Revised 2007-05
References: View complete reference list from CitEc
Citations:

Published in Cooperative Perspective 2.42(2007): pp. 75-81

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/59503/1/MPRA_paper_59503.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:59503

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().