List of State Cooperative Banks (SCBs) in India

state cooperative banks in India

State cooperative banks in india– the pinnacle of three-tier cooperative banking in a particular state

Cooperative banking has managed a reasonably firm footing in the banking sector predominated by commercial banks. These are the apex form of cooperative banks operating in a particular state. RBI issues separate licenses for State Cooperative banks. They are regulated by the State Cooperative societies act and Banking regulation act, 1949.


Distinct features of state cooperative banks

  • Being the apex bank, they do not lend money directly to its lenders. They supply an indirect credit facility by financing Central cooperative banks and primary cooperative societies.
  • It arranges capital in the form of shares, loans to primary cooperative societies, deposits with the RBI and overdraft facility provided by the latter.
  • State Cooperative banks are the sole custodian of cooperative banking services in a particular state.
  • At present, there are 33 State Cooperative banks in India like Andhra Pradesh state cooperative bank ltd, Chhattisgarh state cooperative bank ltd, etc.


Primary functions of state cooperative banks in India 

  1. It is the only watchdog of cooperative banking in a particular state.
  2. Supplies necessary credit to primary cooperative societies and district level cooperative banks at the time of financial crisis.
  3. The link between RBI and cooperative banks of a particular state.


List of State Cooperative Banks – SCBs

1Andaman and Nicobar State Co-operative Bank
2AP State Co-operative Bank
3Arunachal Pradesh State Co-operative Apex Ban
4Assam Co-operative Apex Bank
5Bihar State Co-operative Bank
6Chandigarh State Co-operative Bank
7Chhattisgarh Rajya Sahakari Bank Maryadit
8Delhi State Co-operative Bank
9Goa State Co-operative Bank ltd
10Gujarat State Cooperative Agriculture and Rural Development Bank Lt.
11Gujarat State Co-operative Bank
12Haryana State Co-operative Apex Bank
13Himachal Pradesh State Co-operative Bank
14Jammu and Kashmir State Co-operativ Bank
15Jharkhand State Co-operative Bank
16Karnataka State Co-operative Apex Bank Bangalore
17Kerala State Co-operative Bank
18Madhya Pradesh Rajya Sahakari Bank Maryadit
19Maharashtra State Co-operative Bank
20Manipur State Co-operative Bank
21Meghalaya Co-operative Apex Bank
22Mizoram Co-operative Apex Bank
23Nagaland State Co-operative Bank
24Odisha State Co-Operative Bank
25Pondichery State Co-operative Bank
26Punjab State Co-operative Bank
27Rajasthan State Co-operative Bank
28Sikkim State Co-operative Bank
29The Tamil Nadu State Apex Co-operative Bank
30Telangana State Co-Operative Apex Bank Limited
31Tripura State Co-operative Bank
32Uttar Pradesh Co-operative Bank
33Uttarakhand State Co-operative Bank
34West Bengal State Co-operative Bank