1. National Federation of
State Co-operative Bank

2. National Federation of State
Cooperative Banks
• The National Federation of State Cooperative
Banks Ltd. (NAFSCOB), was established
on 19th May 1964 with a view to facilitate the
operations of State and Central Cooperative
Banks in general and Development of
Cooperative Credit in particular.
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3. National Federation of State
Cooperative Banks
Dr. Bijender Singh, MLA Shri B.Subrahmanyam
Chairman Managing Director
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4. The specific objectives of
NAFSCOB are
• To provide a common forum to the member banks to examine
the problems of cooperative credit, banking and allied matters
and evolve suitable strategies to deal with them.
• Promote and protect the interests of the member banks in all
their activities and to give expression to the views of the
member banks.
• Co-ordinate with Government of India , Reserve Bank of India
respective State Governments, NABARD and other higher
financing institutions for the development of cooperative credit
on behalf of the member banks.
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5. Cont.
• Provide research and consultancy inputs to the member
banks in order to facilitate them to strengthen their own
organizations.
• Organise conferences/seminars/workshops/meeting to share
the views of common interest with a view to contribute for
better policy decisions.
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6. The Federation functions with
three of its wings, Viz.:
1. Planning Research and Development (PRD)
2. All India Mutual Agreement Scheme (AIMAS)
3. Computer Services Division (CSD)
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7. Members
• State cooperative bank
• Dist cooperative bank
• Primary agricultural cooperative bank
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9. The Funds of the Federation
shall be raised as under
• Annual subscriptions, contributions, services charges etc. at
the rates fixed by the board from time to time from members
only.
• Donations, contributions, grants from members and others
and also by way of loans obtained from the financing
institutions and others.
• Income from publications and journals, etc.
• Grants and loans from the State Governments, the Central
Government, National and International
Institutions/Organizations.
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10. Membership at National Level
Organizations
NAFSCOB as a National Level Organization is also member
of the following National and International Organizations /
Agencies:
• National Cooperative Union of India, New Delhi. (NCUI)
• The Indian Society of Studies in Cooperation, Pune. (ISSC)
• National Film and Fine Arts Cooperative Ltd. New Delhi
(NAFFAC)
• Indian Banks Association, Mumbai (IBA)
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11. Cont.
• Indian Tourism Cooperative Ltd. New Delhi (Coop tour)
• Cooperative Bank of India, New Delhi. (COBI)
• The Indian Merchant's Chamber (IMC)
• Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE)
• Computer Society of India (CSI)
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12. ACTIVITIES
• To undertake relevant research studies in Agriculture and
Rural Credit from time to time and suggest appropriate
strategies.
• To implement the All India Mutual Arrangement Scheme
evolved in 1967, in order to facilitate the transfer of funds from
one corner of the country.
• To identify, formulate and evaluate the identified projects for
the benefit of the member banks.
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13. Cont.
• To develop a library-cum-documentation center for providing
research facilities to cooperatives.
• To disseminate the information on latest technology, policies
and any other aspects related to cooperative credit through
the Federation's house journal viz. NAFSCOB BULLETIN.
• To undertake any other activity for promoting, protecting and
strengthening member banks.
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