Financial Appraisal of Haryana State Cooperative Apex Bank

In India, there is a plethora of banks providing almost all services that an individual requires. There is sector of banks that is used by a large number of the middle and lower class sections of the society that is Co-operative banks. In this paper an attempt is made to study the financial appraisal of Haryana State Cooperative Apex Bank which has been playing an important role in the economy of the state of Haryana. The study covers the period of five year from 2002-03 to 2006-07. The various parameters taken for the appraisal of banks are number of offices, membership, paid up capital, reserves and other funds, deposit mobilization, deposit type wise, demand, collection, loans issued, loans outstanding, cost of management and profit and loss and number of branches in profit and loss. For the purpose of study, secondary data had been collected and analyzed from various sources such as NAFSCOB’s reports and annual reports of HARCO BANK