A

WINTER TRANING REPORT

ON
COMPARISION OF FINANCIAL STATEMENT
WITH RESPECT TO CO-OPERATIVE BANK

Submitted By:
DHOLA TUSHAR
17BBA0021

Guided By:
MR.RASKIN KATHROTIYA

BBA PROGRAMME
(2019-2020)

SHREE J D G COMMERCE COLLEGE& SHREE

SWAMI ATMANAND SARASWATI
COLLEGE OF MANAGEMENT
VNSGU, SURAT
 COLLEGE CERTIFICATE
This is to certify that this winter training report has been prepared by
DHOLA TUSHAR R . (17BBA0021) under my guidance and
supervision. Thisproject is the result of herown work and is of standard
expected from a candidate for the degree of bachelor of business
administration(B.B.A.)

This report submitted toward the partial fulfillment of the

requirement for the degree of bachelor of business administration (B.B.A.)
during academic year 2016-2017 has been found satisfactory.

FACULTY GUIDE I/C. Principal

Mr. Rasik Kathrotiya Dr. P.R.Patel

Date:
Place: Surat

I
 DECLARATION

I hereby declare that, this winter training report submitted to

Shree J.D. Gabani Commerce College & Shree Swami Atmanand
Saraswati College of management, in the fulfillment of
requirement of bachelor of business administration (B.B.A.)
degree, is result of my own work carried out during January
2016-febuary 2017.

This project is entirely an outcome of my own efforts and has not

been previously submitted to any other university or institute for
any other examination and for any other purpose by any other
person.

Tushar Dhola

(17BBA0021)

Date:
Place: Surat

II
 EXECUTIVE SUMMERY

The main objective of training report is “comparison financial

statement with respect to co-operative bank”

Researcher have taken some co-operative banks such as the

varachha bank co-operative bank, the surat peoples co-operative
bank, the saraswat co- operative bank, the surat district co-
operative bank. Researchers have compared financial statement
based on some criteria like deposit, advance, investment, crar
ratio, income.

Researchers have given introduction about banking system, word

of origin bank, definition and types of banking in the chapter
first.

In the second chapter researcher given detail about co-operative

banking industry. it contains meaning of co-operative bank,
word origin of co- operative, objective and structure of co-
operative bank in India.

In the third chapter researcher given detail about some selected

co-operative bank such as the varachha co-operative bank, the
Surat people’s co- operative bank, the saraswat co-operative
bank, the Surat district co- operative bank.

In the chapter fourth researcher has written about literature

review and it includes author name, topic name, year of
research, research objective, tools used for data analysis and
conclusion.

In the chapter five researchers has written research methodology

in which research should conduct need for research, problem of
statement, research objective, variable under study, research
design, tools used for data analysis, limitation of study.

Researcher analyzed the whole collected data of the varachha co-

operative bank, the surat peoples co-operative bank, the
saraswat co-operative bank, the surat district bank in the
chapter 6.

III
in the chapter researcher find that net profit margin ratio is
varachha bank decreases during study period. Return on assets
ratio of varachha bank is high but in year 2014-15 saraswat
bank ratio is high. Saving deposit ratio of varachha bank is
high during study period. Current deposit ratio of the varachha
bank is high.crar ratio of varachha bank is high in first 2 year
and then it constant.

In the chapter 7 researcher include a conclusion of report. Above

all ratio it conclude that varachha bank ratio is high. In last five
year. So it say that varachha bank performance is good during
study period. return on assets ratio of Saraswat bank ratio is
high in year 2014-15 so it good for saraswat bank compare to
varachha bank. Overall varachha bank is good in term of
profitability.

IV
 ACKNOWLEGEMENT

I have taken efforts in this project. However, it would not have

been possible without the kind support and help of many
individuals. I would like to extend my sincere thanks to all of
them.

I have studied financial statement of selected co-operative bank. I

have collected the information, which is included in this report. I
take the opportunity to express the feeling of grateful, towards
VEER NARMAD SOUTH GUJARAT UNIVERSITY for keeping the
project work as a part of bachelor of business administration.

I take this great opportunity to express my sincere thanks to MR.

KATHROTIYA the professor and Dr. P. R. Patel the principal of
J.
D. G. & S. A. S. College Of Management.

I am highly indebted to MR.RAKESH KATHROTIYA for their

guidance and constant supervision as well as for providing
necessary information regarding the project & also for their
support in completing the project.

My thanks and appreciations also go to my colleague in

developing the project and people who have willingly helped
me out with their abilities.

V
 TABLE OF CONTENTS

SR. TOPIC PAGE

NO. NO.

TITLE PAGE -

COLLAGE CERTIFICATE I

DECLARATION II

ACKNOWLEDGEMENT III

EXECUTIVE SUMMARY IV

TABLE OF CONTENT VI

01. INTRODUCTION 1

02. INDUSTRY PROFILE 6

03. THEORITICAL FREMEWORK 9

04. LITERATURE REVIEW 17

05. RESEARCH METHODOLOGY 20

06. DATA ANALYSIS 23

07. FINDINGS 31

08. CONCLUSION 33

BIBLIOGRAPHY 34

APPENDIX 35

VI
CHAPTER:-1
INTRODUCTION
The progress of banking is both the cause and result of the
business growth Today, bank is common words for the people.
Every people know about the bank. The person who have a
more and they want to get interest on money then they invest
their money in the bank. If the persons require more money
then they contact with the bank.

After 1947 the Indian government also has taken a series of

step of develop the banking sector. Due to extensive efforts and
considerable efforts of the government today we have a no. of
bank like as, RBI, industrial banks and Co-operative banks.

Today in the modern world banking is a backbone of national

economy of any country. The progress of banking is an
unavoidable precondition to correspond, health and swift
growth of the national economic formation. Institutions of
banking have donated much to the growth of the developed
cannot run smoothly. Banking is an important in economy as
blood in the human body.

Origin of the word “bank”:-

Opinion is not uniform with regard to the origin of the word

‘bank’ according to some authors the word ‘bank’s derived from
the words ‘bank’s’ or ‘banquet’ that is absence. The early
bankers, the Jews in Italy transacted their business on
benches in the market place, when a banker failed, his ‘bench’s
broken into pieces, by the people who indicated the bankruptcy
of the individual banker. But this explanation was turned out
on the ground that the Italian moneychangers as such were
never called bankers in the Middle Ages. Some others say that
word ‘bank’ original derived from the German word ‘pack’
meaning a joint stock fund, which was Italianized into ‘banco’
when the Germans when masters of a great part of Italy.

1
According to Professor Ramachandra Rao, “whatever be the
origin of the word bank, it would trace the history of banking
in Europe from the middle ages.”

According to ancient European history, the Babylonians were

the earlier people to develop a systematized banking system. It
is said that temples of Babylon were used as banks and such
the temples of Ephesus and Delhi were famous great banking
institutions. The antireligious feelings, which developed
afterwards, led to the collapse of public confidence in
depositing money in temples and the priests ceased to perform
the banking business. Whenever peace and solidarity were
threatened, the spread of banking also was affected entirely.
However, after the revival of civilization and with the
development of social and economic instituting, money
transactions also were revived.

It was in the 12thcentury that some banks were established in

Venice and Genoa. These banks were simply relieving deposit
and lending money to the people. In fact they were not banking
of the modern type.

Modern banking may be traced to money dealers on Florence

who are received money in the Florence who received money in
the form of deposits and lend it to business people. At this
time, Florence was the center of money market in Europe.

In England, money changing became an important function of

bankers during the reign of Edward III. Money changing refers
to conversation of foreign coins into British money. This
function was performance by the royal exchanger on behalf of
the grown.

2
In another development, goldsmiths of England prepared the
ground for modern banking in England during the period of
queen Elizabeth. The goldsmiths used to receive valuables and

funds of their customer’s time become promissory notes. The

seizure of a huge sum of money kept as safe custody by the
city merchants at royal mint by the government resulted in the
establishment of public banking in England. As a result of
royal repudiation, the merchants begat to entrust their
cashiers with larger sums but later they misappropriated
their master’s money for their own benefit.

Finding that their employees had not treated them better than
their king, the city merchants deeded to keep their cash with
the goldsmith.
Today in the modern world banking is a backbone of national
economy of any country. The progress of banking is an
unavoidable precondition to correspond, health and swift
growth of the national economic formation. Institutions of
banking have donated much to the growth of the developed
cannot run smoothly. Banking is an important in economy as
blood in the human body.

DEFINITION OF BANKING:

“A Banking company is a company, which transects business

of banking in any state of India.”

-Section s (5) of Banking Company Act (1949)

“Banking Company is a company, which accepts money with

low rate, and investment at deposit of money with high rate.”
-Banking Regulation Act (1949)

3
 “A bank is a financial institute and a financial intermediary
that accepts deposits and channels those deposits in to lending
activities either directly or through capital market. A bank
connects customers that have capital deficits to customers
with capital surplus.”

TYPES OF BANK:

A. Commercial Bank:

The activity of Commercial Bank is collecting the money from

public (saving of public in the form of money) and which money
invests in their development (they also carry out leading of
money). They are also to lend the money to meet the need of
Buyer, Sale, Merchant, Traders and business house. This type
of bank provides the loan in the short-term from to company,
trade and industry. The accepted deposits are always repayable
on demand or on short notice.

B. Co-operative Bank:

The main aims of Co-operative Bank are to reach actual

progress of agriculture sector and activity of granting advances
and loan. Co-operative banks meet the short-term financial
needs of farmers. For which borrower (farmer) has to follows
the rule of Co-operative Bank. Co-operative Bank rise funds
through various means.

C. Central Bank:

Whole banking structure of country is control and regulated by

the Central Bank. Central Bank tries to maintain monitory
stability of the country. So it’s called a special institution. The
branch is also called as apex bank of the country.
RBI is an India’s central banking institution, which controls
the monetary policy of the Indian rupee. It commenced its
operation on 1 st April 1935 during the British rule in
4
 accordance with RBI. RBI was nationalized on 1 st January
1949.it pay important role in development strategy of the
government of India. Central bank of country execute multiply
functions such as overseeing monetary policy, issuing
currency, managing foreign exchange, working as bank of
government and as banker of scheduled commercial bank,
etc…..

D. Saving Bank:
Saving Banks pool the small saving of the middle and lower
income at the public. In other word, Saving Bank is specialized
institution, which motivates the general public to save
something from their earning. In India the postal department
runs the postal Saving Banking all over the country.

E. Exchange Bank:
The main aims of Exchange Banks are to transfer or exchange
money from foreign bank into internal bank and from internal
bank to foreign bank, because there is different in financing of
foreign trade and financing of internal trade.

Generally a dealer in international trade required foreign

currencies to meet his transaction involved in foreign trade.

F. Land Development Bank:

There are very less number of such Bank in India. Such types
of bank (providing) supply long term advances and loans to
agriculturist other immovable properties.
They provide long term funds for periods exceeding 6 years and
up to 20 years. Land Development Banks are earlier known as
land mortgage Banks.

G. Investment or Industrial Bank:

Investment Bank provides long-term credit to industrial. They
raise their funds by way of share capital, debenture, and long-
term deposits from the public. They also raise funds by issue of
bonds for business corporation and government agencies.

5
 CHAPTER:-2
INDUSTRY PROFILE
Meaning of Co-operative Bank:

In the world co-operative bank activity was started in

December 1844 in britician a social development is the role
aim of the co-operative activities. In co-operative bank
combination of bank as well as government.

The co-operative banks are small size units which operate

both in urban and non urban centers. They finance small
borrowers in industrial and trade sectors besides
professional a salary classes. Regulated by the reserve bank of
India, they are governed by the banking regulation act 1949
and banking laws (co-operative societies) act, 1965.

A. Definition:
“Co-operation is a one type of organism in which people join
willingly to encourage their equal financial interest” -
Hewer

“Co-operation is an effective self-reliance done by organism.”

B. Origin of Co-operative Bank:

The word of co-operative was (being) recognized in 1904(when
the co- operative society’s acts 1904 were enacted). When the
co-operative credit society was passed.

The activities of co-operative were started with the main

purpose of providing the advance to the member with a low
interest rates, and providing advance to farmer and lower class.

6
Objectives of co operative the Bank:

1. To encourage thrift and mutual co-operating among its

member.

2. To give possible help and necessary guidance to member

of the bank in the conduct of business.

3. To do every kind of trust and agency business and

particularly do.

4. The work investment funds, sale of properties and

recovery or acceptance of money.

5. To accept money document, security calculate article and

goods every description for keeping them in safe custody
or for sending them for one place to other.

7
Structure of co-operative bank:-

CHAIRMAN

VICE CHAIRMAN

MANAGING DIRECTOR

GENERAL MANAGER

STAFF

CLARK

8
 CHAPTER:-3
COMPANY PROFILE
THE VARACHHA CO-OPERATIVE BANK

History

The varachha co-operative bank was set-up with license

no.ubpguj1153:p 1stjuly 1995, registered on 27 th January
1995, start working on 16 th October 1995 the varachha co-
operative bank the submitted the application for
commencement of the bank and also registered to the district
registrar.

The registered office of the bank is at affil tower, lambed

hanuman road, the opening of these and was done by swami
sachidanand.In present of other many important guests. In
short period of 5 year, fully computerized system is used.

Objective of bank

The encourage thrifts and mutual co operative among its

member.
To give possible help and necessary guidance to members
of the bank.
To do every kind of trust and agency business and
particularly do.
The work investment funds, sale of properties and
recovery or acceptance of money.
To accept money document, security calculate article and
goods every description for keeping them in safe custody
or for sending them from one place to other.

Development of bank

After establishment of the bank, opens its new branches up to

21 and in current year bank open two new branch. The
development of the varachha co-operative bank was
continuing.

Increasing after two and half year from establishing of head

office. We can know more below bank from given a table of

9
branch establishment. The varachha cooperative bank was not
needed take loan from government sector and other. For
developing and vested it’s branch so progress table as under.

Branches of the varachha bank

Affil tower (head office)

Kamrej branch
Ring road branch
Adajan
Kapodra
Katargam
Punagam
Sachin
Yogi chowk
Navsari
Ahemdabad
Ankleshwar
Hirabaug
Mota varachha
Sarthana
Ved dabholi
Kadodara
A.K.road
Amroli
Kargil chowk
Pal

NEW TWO BRANCHES:

1. Udhana pandesara
2. Udhana magdlla

10
LOGO OF THE VARACHHA BANK

SURAT PEPOLES CO-OPERATIVE BANK

History

with the advent of the 20 th century, co-operative movment

started in india . late shree raosaheb vrundavandas jadav - a
visionary dream of establishing co-operative bank. This dream
come into reality in the name of the surat peoples co-operative
bank ltd.

The surat peoples co-operative bank was established in 1922

at surat. Bank was registered on 10 th April, 1922 & started
functioning on 22 nd may, 1922. The was registered ‘urban co-
operative bank’ in india & become scheduled bank on 1 st
September, 1998.

The bank serving since last 94 years to the peoples of surat

and also to the people of south Gujarat. The bank is having
29 brances, 25 in surat, 1 branch at vapi, 1 branch at
navsari, 1 branch at chikhli and 1 branch at valsad.

With the advent of the 21 st century co-operative movement

started in our country late raosheb varundhavan jadav a
visionary dreamt of establishing co-operative bank . this dream
turned into reality in the name of “THE SURAT PEOPLE’S CO-
11
OPERATIVE BANK LTD”.

VISION

Bank vision is to be India’s most respected and admired urban

co-operative bank by influencing people’s lives through
personalized banking services and partnering them in
realizing their dreams.

MISSION

Bank mission is to be a preferred financial service provider

with a special focus on innovative quality product’s technical
expertise & efficient services for customer achieve their
objectives and goals.

VALUES

Bank have accepted cardinal principal of corporate social

responsibility and accordingly bank have tried to fulfill their
social obligations t be recognized as surat people’s bank in real
sense.

SERVICES OF SPB

tele-banking services
safe deposit locker
fund transfer
ATM services
VATservices
D-MAT account facilities
Core banking solution
RTGS/NEFT
Spb atm cum debit card
Internet banking
E payment of taxes
ASBA
Lockers
Advantage to senior sitizen
12
LOGO OF SURAT PEPOLES CO-OPERATIVE BANK

SARASWAT CO-OPEARTIVE BANK

HISTORY

On 14th September 1918, “The saraswat co-operative banking

society” was founded. Mr. j.k. … the society was converted into
a full-fledged urban co- operative bank in the year 1933. The
bank has the unique distinction of being a witness to history.

MOTTO
“service to the common man” has been the motto of saraswat
bank for the last 97 years. Bank in spite of its growth in size
has been able to offer to the customers the dual advantage of
“ability of big banks and agility of small banks”

PROFILE
Saraswat bank attributes this success to its undying spirit to
serve the common man and to the sharpening of its
competitive edge by constantly upgrading technology to match
international standards. The bank is fully computerized and
offers convenient working hours.
13
The bank still continue to function with the glorious traditional
in public services besides being the largest urban co-operative
bank in India, Saraswat bank has now become the largest in
Asia. Saraswat bank has now 283 fully computerisized
branches as on 31st march 2016, 10 zonal offices and
departments located across 6 states viz. Maharashtra, goa,
Gujarat, Madhya Pradesh, Karnataka and Delhi.

Saraswat bank attributes this success to its undying spirit to

serve the common man to sharpening of its competitive edge by
constantly upgrading technology to match international
standards. The bank is fully computerized and offer convenient
working hours.

Saraswat bank introduces a wide range of credit scheme at

attractive interest rates, especially among the middle-class in
view of the easy repayment plans. Bank offer attractive interest
rates on deposits and also various add on features at very
market competitive rates.

SARASWAT BANK STATE WISE BRANCES

Andhra Pradesh
Delhi
Goa
Gujarat
Karnataka
Madhya Pradesh
Maharashtra
Utter Pradesh

14
LOGO OF SARASWAT CO-OPERATIVE BANK

SURAT DISTRICT CO-OPERATIVE BANK

History

The surat district co-operative bank is one of the leading co-

operative bank in south Gujarat region. The surat district co-
operative union registered on 17-6-1909. It was the surat
district co-op. this institute which is known as DISTRICT CO-
OP. BANK LTD.

First declare of 20th century was a very important era in the

history of cooperation for entire country and surat district as
well. Many cooperative institution were initiated during this
period. First coop. society in surat district was resisted at
degam, taluka chikhli on 23-5-1906 (now in bulsar district).

Bank having separate department for agriculture advances

since 1944, and become an effective central agency for co-
ordination and smooth flow of finance to co-operative sector in
the society.

Management has always remained progressive, be a challenge

after bank nationalization introduction of nonfarm advances,
introduction of new banking concept in liberalized economy.

15
PROFILE

No. of branches 15
Share capital 0.22 crors
Reserve 0.09 crors
Deposits 3.06 crors
Advances 1.71 crors

SERVICES OF SDC

1. Tele banking services

2. Fund transfer
3. ATM machine
4. Mobile banking
5. Sms services

Quick help by sdc

1. Branch locator
2. Ifsc codes
3. Interest rates
4. Forms downloads

LOGO OF SURAT DISTRICT CO-OPERATIVE BANK

16
 HAPTER:-4
LITERATURE REVIEW
Md. Azizur Rahman (2004) understood as research on “risk
management in banks a comparative study of some selected
commercial banks and islam banks in Bangladesh” with an
objective of this research was to compare risk management
practices of selected banks and islam bank. The tools used for
data analysis was hypothesis testing. The research concluded
that risk management is one the cores of all the strategic
management in bank.

ICRA (2007) :- The paper titled on “comparative study on

Indian banking” with an objective to benchmark the strengths
and weaknesses of Indian banks against those of select
international bank. The tools used for this research is ratio
analysis. The researcher concluded that indian bank reduce
their operating expenses by upgrading banking technology and
they should improve the management of market risk.

Makesh (2008):- Understood a research topic with an objective

to evaluate the financial management practices of federal bank
and dhanalakshmi bank, along with the SBI. Under to study
the research collected data from the period 2006-2007 the
tools used for data analysis were federal bank had the lowest
NPA ratio to net advances and had the maximum return on
equity. The researcher conclude that dhanalakhmi bank
maintained a very high liquidity. But federal bank performed
well in cost management, as compared to the SBI and
dhanalakhmi bank.

Rutuamu and Ganesan (2008) on the topic analyzed “profit and

profitability of co-operative bank: the case of banque populaires
of Rwanda” they objective is discussed the performance of
banque populaires and determine of its profit and profitability.
researcher used ratio analysis . the study conclude that the
law return from investment of banques populaires indicated a
lack of cost control it and unsatisfactory sources of income
other than intrest of advances.

Singla HK (2008) :- a study on topic “financial performance of

bank in india’ in
ICFAL journal of bank management no 7, with an objective how
financial management plays role in the growth of banking. Study
17
period time is year (2001-6).tools used for research is ratio
analysis . researcher concluded that strong capital position and
balance sheet place, banks in better position to deal with and
absorb the economic constant over a period of time.

A.g.rao, G.p.patil (2010) on the topic studied “an analytical

study of the acute problem of the survival of financial institute
in co-operative sectore in jalgon district with special reference
to co-operative credit society” it is propose to evaluate non-
agriculture credit societies in general and those who have been
in crisis in particularly and test the efficacy from the point of
view of solvency, profitability & liquidity.

IGOR NOVIKOV (2011) Understood researcher on “the

comparative analysis of credit risk determinates in the banking
sector of Baltic states” with an objective was to investigate in
and compare the influence of macroeconomics and real estates
market variable on the level of non-performing loans in the
three Baltic states. The tools used for data analysis was vector
error correction model. The researcher concluded the
significant reason for the growth of non-performing loans.

Tiwari (2011) topic studied on “cosumer perception and

satisfaction of banking products and services comparative
study of selected bank” with an objective this research was to
ascertain the factor influencing customer satisfaction . the
researcher conclude that level of customer satisfaction with
regard to product and services offered by bank.

Sachinkamble and Rakesh raut (2011) understood as

research on “measurement of service quality in bank
comparative study with respect to co-operative bank” with the
objective was to access and compare the perceived level of bank
service quality. The tools used for this research was banking
service quality scale instrument. The researcher conclude that
customer of co-operative bank differ in term of their service
quality perception.

Kajal chaudhay and monika sharma (2011):- a study on

topic “performance of indian public sector banks and privet
sector bank” with an objective of their research was to
18
comparative analysis of services of public bank and privet
bans. The tools used for data analysis were NPA and
profitability ratio. The researcher concluded that hoe efficiency
public and private bank.

19
 CHAPTER:-5
RESEARCH METHDOLOGY
Need for research
The study helps to investors and creditors in term of deciding
which bank is financial efficient.
It also used to present and potential investor of deciding
which bank is financial strong.

Problem statement
“Comparison of financial statement with respect to co-operative
bank”

Research objective
-primary

 To compare of financial statement of selected co-operative

bank.

-Secondary

 To compare the profit earning of selected co-operative

bank.

 To study the financial performance of selected co-operative

bank.

Variable under study

-researcher make comparison between co-operative banks by
considering variable like
• Capital reserve & surplus
• Deposit
• Loan & no of employees

Research design

A) Types of research
In this research, researcher will used descriptive research
design .because the study to obtain accurate and complete

20
information regarding a concept.

B) Data collection method

Researcher should used secondary data will be
collect by the varachha co-operative bank limited.
The surat peoples district co- operative bank
limited. The prime co-operative bank limited. The
sutex co-operative bank limited.

• Another sources of secondary data internet, website.

C) Sample design :-

1. Sampling unit.
• The varachha co-operative bank ltd.
• The peoples district co-operative bank ltd
• The sutex co-operative bank ltd.
• The prime co-operative bank ltd.

2. Sampling period.
1-4-2014 to 31-12-2017

3. Sampling size.
4 bank

4. Sampling technique.
The researcher should used non-probability
sampling method for research because there is
freedom , to choose the convenience sampling.

Tools used for data analysis

Researcher will used in ratio analysis.

1. Demand deposit ratio = demand deposit / total deposit.

2. Saving deposit ratio = saving deposit/total deposit.

3. Gross margin ratio = gross profit/net sales* 100.

4. Return on assets = net income/assets.

21
 5. Net profit margin ratio = net profit/total revenue.

6. Return on equity = net income/shareholder fund.

Limitation of study

- Only four bank are selected for comparison.

- The researcher will be used only 4 year data.

22
 CHAPTER:-6
DATA ANALYSIS
 NET PROFIT MARGIN RATIO

Year Varachha Spb Saraswat Spc

2012-13 14.08 8.66 4.39 3.68
2013-14 13.69 11.19 5.55 3.55
2014-15 14.64 14.55 6.29 3.3
2015-16 12.23 8.92 6.48 3.19
2016-17 9.92 8.96 6.68 3.07
2017-18 7.02 7.48 5.93 3.29
2018-19 7.43 8.03 6.71 4.02

25

20

15

10

0
Year 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

INTERPRETATION

From the above chart it indicate that in the year 2012-13

varachha bank ratio is high 14.08% and surat district bank
ratio is low 3.68%.in the year 2013-14 varachha bank ratio
is high 13.69% and surat district bank ratio is low 3.55%. in
23
the year 2014-15 varachha bank and surat peoples bank
ratios is almost same and surat district bank ratio is low
3.3%. in the year 2015-16 varachha bank ratio is high
12.23% and surat district bank ratio is low 3.19%. in the
year 2016-17 varachha bank ratio is high 9.92% and surat
district bank ratio is low 3.07%.in the year 2018-19
varachha bank 7.43% and surat peoples ratio is high
8.03%.

RETURN ON ASSETS RATIO

Year varachha spd saraswat sdc

2012-13 1.12 0.55 1.12 0.31

2013-14 1.13 1.06 0.55 0.27

2014-15 1.22 1.55 0.61 0.26

2015-16 0.99 0.94 0.62 0.25

2016-17 0.99 0.86 0.62 0.23

2017-18 1.12 0.99 0.67 0.25

2018-19 1.23 1.03 0.89 0.29

24
 25

20

15

10

0
Year 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

INTERPRETATION
From the above chart it show that in the year 2012-13 varchha
bank and saraswat bank return on assets ratio same and surat
district bank ratio is low.in the year 2013-14 varachha bank
ratio is high 1.13% and surat district bank ratio is low
0.27%.in the year 2014-15 surat peoples bank ratio is high
1.55% and surat district bank ratio is low. In the year 2015-16
varachha bank and surat peoples bank ratio is almost same
and surta district bank ratio is low 0.25%. in the year 2016-
17 varachha bank ratio is high 0.99% and surat district bank
ratio is low 0.23%.in the year 2018-19 varachha bank ratio is
1.23% and surat district ratio is low 0.29%.

25
SAVING DEPOSITE RATIO

year Varachha Spb Saraswat Sdc

2012-13 34.22 21.71 20.08 15.77

2013-14 34.29 21.45 20.28 13.22

2014-15 31.71 19.05 20.02 11.98

2015-16 32.04 19.15 19.13 10.96

2016-17 36.28 23.67 22.08 12.13

2017-18 35.02 25.64 27.68 13.24

2018-19 38.61 27.61 30.1 14.25

26
 45

40

35

30

25

20 Varachha
Spb
15 saraswat
Sdc
10

0
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

INTERPRETATION

From the above chart it indicate that in the year 2012-13

varachha bank ratio is high 34.22% and lowest ratio is surat
district bank 15.77%. in the year 2013-14 highest ratio is
varachha bank is 34.29% and lowest ratio is surat district
bank is 13.22%. 3 the year 2014-15 highest ratio of varachha
bank is 31.71% and lowest ratio of Surat district bank is
11.98%. in the year 2015-16 highest ratio of varachha bank is
36.28% and lowest ratio of surat district bank is 10.96%. in
the year 2016-17 highest ratio of varachha bank 36.28% and
lowest ratio is surat district bank is 12.13%.in the year of
varachha bank ratio is high 38.61% and surat district ratio is
low 14.25% .

27
CURRENT DEPOSITE RATIO

Year varachha Spb saraswat Sdc

2012-13 29.13 7.89 4.56 11.44

2013-14 29.41 8.77 4.45 7.34

2014-15 28.75 7.93 4.72 7.09

2015-16 29.06 7.33 4.39 7.03

2016-17 28.72 8.01 5.19 8.78

2017-18 22.50 7.88 6.33

6.20
2018-19 32.85 8.02 5.87 9.85

35

30

25

Varachha
20

Spb
15
Saraswat

10 Sdc

0
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

28
INTERPRETATION

From the above chart in year 2012-13 current deposite ratio

of varachha bank is high 29.13%.and saraswat bank is low
4.56%. in year 2013-14 current deposit ratio of varachha
bank is high 29.41% and saraswat bank is low 4.45%. in
year 2014-15 current deposits ratio of varachha bank is
high 28.75% and sarasawat abnk ratio is low 4.72%. in year
2015-16 current deposit ratio of varachha bank is high
29.06% and saraswat bank ratio is low 4.39%. in the year
2016-17 varachha bank ratio is high 28.72% and saraswat
bank ratio is low 5.19%.in the yearv of varachha bank ratio
is high 32.85% and saraswat bank ratio is low 5.87%.

Overall varachha bank ratio is high and saraswat bank ratio is

low.

CAPITAL TO RISK WEIGHT AVERAGE RATIO

Year varachha Spb saraswat Sdc

2012-13 22.36 18.32 11.15 12.8

2013-14 19.15 15.27 12.15 13.89

2014-15 16.65 14.13 12.57 13.55

2015-16 15.18 15.6 12.11 13.88

2016-17 15.95 16.47 11.15 15.97

2017-18 16.28 15.03 12.11 15.45

2018-19 17.25 15.25 11.87 16.08

29
25

20

15
varachha
Spb
saraswat
10
Sdc

0
2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

INTERPRETATION

From the above chart is indicate that in the year 2012-13

varachha bank capital ratio is high 22.36%.and saraswat bank
ratio is low 11.15%.in the year 2013-14 varachha bank ratio
is high 19.15% and saraswat bank ratio is low 12.15%.in
the year 2014-15 varachha bank ratio is high 16.65%.and
saraswat bank ratio is low 12.57%. in the year 2015-16 surat
peoples bank ratio is high 15.6% and saraswat bank ratio is
low 12.11%. in the year 2016-17 surat peoples bank ratio is
high 16.47% and saraswat bank ratio is low 11.15%. In the
year of varachha bank ratio is high 17.25% and saraswat bank
ratio is low 11.87%. Then its compare to same surat district in
ratio 16.08%.

30
CHAPTER:-7
FINDING
NET PROFIT MARGIN RATIO

from the above chart varachha bank net profit ratio is decreases in last
five year. Surat peoples bank net profit margin ratio is increases in year
2014- 15 and than star decreases during study period. Saraswat bank
ratio is increases in last five year. Surat district bank net profit margin
ratio is decreases during study period.

RETURN ON ASSETS RATIO

From the above chart varachha bank ratio is decreases in the year 2013-
14 and increases in the year 2014-15 and than start decreases. Surat
peoples bank return on assets ratio increases in the year 2013 to 2015
and than start decreases. Saraswat bank return on assets ratio is
decreasing is year 2013-14 and than start increases and last three year
remaining stable. Surat district co-operative bank return on assets ratio
between 0.31 to 0.27 in last five year.

SAVING DEPOSITE RATIO

From the above chart the varachha bank saving deposit ratio is stable in
the year 2012-13 or 2013-14. In the year 2014-15 saving deposit ratio is
decreases and than start increases. The surat peoples co-operative bank
ratio is around 21.71% to 19% during study period. The saraswat
cooperative bank saving deposit ratio stable in the year 1013 to 2015 and
then decreasing. In the year 2016-17 it increases at 22.8%. surat district
bank saving deposit ratio is decreses in last four year and in the year
2017 it increases at 12.13%.

DEMAND DEPOSIT RATIO

From the above chart the varachha bank ratio is remaining between 28%
and 29%. The surat peoples co-operative bank demand deposit ratio is
remaining between 7% and 8%. The saraswat co-operative bank ratio is
remaining between 4% and 55%. during study period. Surat district
cooperative bank ratio is decreases in the last five year.

31
CAPITAL TO RISK WEIGHT AVERAGE RATIO

From the above chart the varachha bank ratio in the year 2012-13 is
22.36%. in last four year it is decreases. The surat peoples co-operative
bank ratio is decreases inn the first four year and the year 2017 it start
increases. The saraswat co-opeartive bank ratio is remaining between
11% and 12%. The surat district bank ratio is increases in last five year.

32
CHAPTER:-8
CONCLUSION
In these research comparison of financial statement between
co-operative bank as like the varachha co-operative bank the
surat peoples co-operative bank the saraswat co-operative
bank the surat district co-operative bank.

Comparison is made on the basis of criteria such as loan,

deposit, business per employee, crar ratio, income etc.

1 Net profit margin ratio

Overall The varachha bank net profit margin ratio is high And
the surat district bank ratio is low during study period. So it
called varachha bank profit is high.

2 return on assets ratio

Surat peoples co-operative bank ratio is high in the year 2014-
15 and overall saraswat bank ratio is low. Over all varachha
bank ratio is stable last two year durind study period.

3 saving deposit ratio

Overall the varachha bank ratio is high and surat district bank
ratio is low during study period. So it called that varachha
bank savind deposit is high as compare to other three co-
operative bank.

4 demand deposit ratio

Overall the varachha bank ratio is too high as compare to other
co-operative bank. Surat district co-operative bank ratio is low
during study period.

5 capital to risk weight average ratio

The varachha bank ratio is high in first four year in the year
2017 surat peoples bank crar ratio is high. Overall saraswat
bank ratio is low during study period.

33
 BIBLOGRAPHY

website

https://www.google.com/search?q=financial+statements+of+cooperative+
bank&rlz=1C1CHBD_enIN852IN852&oq=finacial+statement+with+coopra
tive+bank+&aqs=chrome.1.69i57j0l3.71892j0j7&sourceid=chrome&ie=UT
F-8

https://www.moneycontrol.com/financials/corporationbank/balance-
sheet/CB

https://www.co-
operativebank.co.uk/assets/pdf/bank/investorrelations/2018-annual-
report-and-accounts.pdf

https://citizensbankrajkot.co.in/Citizens%20Co%20op%20Bank%20Ann
ual%20Report%202019.pdf

https://www.societyhive.com/Helpdesk/Docs/maharashtra-cooperative-
societies-rules-1961-annual-statements-of-accounts-including-balance-
sheet

https://www.rbi.org.in/Scripts/PublicationReportDetails.aspx?ID=153

34
 APPENDIX

Saraswat Bank :-

Capital & 31/03/2019 31/03/2018

liabilities
(1) Capital 2,63,96,89,190 2,36,74,57,280
(2)Reserve fund 36,39,63,90,850 33,77,43,98,326
(3)Deposits & 3,60,14,87,01,100 3,50,56,65,84,063
OtherAccounts
(4)Borrowings 22,21,31,18,678 12,31,66,54,312
(5)Bills for Collection 38,08,91,48,782 28858699092
Being Bills
Receivable as per
Contra
(6)Securities
Receivable as per
Contra
(i) Repo 12,89,60,13,678 0
(ii) Reverse 10,26,99,30,533 15,88,00,30,586
Repo
(7)Branch 0 0
Adjutments
(8)Overdue interest 1,15,48,59,179 93,73,83,158
Payable
(9)Interest Payable 57,02,72,152 56,96,32,062
(10)Other Liabilities 12,96,10,01,775 12,25,01,79,615
(11)Profit & Loss 2,92,27,07,920 2,41,63,13,025

Total 5,00,26,18,33,837 4,59,93,73,31,520

Contingent 47,09,15,18,698 45,28,98,43,452

Liabilities:

35
Property& Assets 31/03/2019 31/03/2018
(1)Cash 15,56,94,759 15,51,47,80,210

(2)Balance with other 5,40,65,13,139 29,10,93,03,158

bank

(3)money short term 26,52,57,22,249 18,05,59,98,028

(4)Investment 1,10,13,68,99,935 95,67,97,41,133

(5)Advance 2,57,97,49,26,804 2,34,69,11,28,746

(6)Intrest receivable 1,15,48,59,179 93,73,83,158
(7)bills receivable 38,08,91,48,782 28,85,86,99,092
(8) Securities
receivable
(i) Repo 12,89,60,13,678 0
(ii) Reverse 10,26,99,30,533 15,88,00,30,586
repo
(9)Branch adjustment 1,62,72,499 11,29,64,357
(10)Fixed Assets 8,60,11,39,042 8,69,12,11,945
(11) Other assets 13,59,91,68,643 12,36,82,19,783

(12) Non banking 0 0

assets
(13)computer software 2,17,85,595 3,78,71,323

TOTAL 5,00,26,18,33,837 4,59,393,73,31,520

36
The Surat Pepole’s Co-oprative Bank LTD

Capital & 31/03/2019 31/03/2018

liabilities
(1)share capital 1,00,00,00,000 1,00,00,00,000
(2)subscribe share 66,69,40,800 65,06,67,700
capital
(3)reserve fund 66,69,400 5,67,21,80,691
(4) other bank 4,13,48,66,660 1,81,34,80,799
balance
(5) fund & reserve 5,72,09,48,403 27,12,93,539
(6)investment 16,35,16,51,783 4,89,01,060
(7)advances 22,66,20,02,973 28,98,16,29,364

TOTAL 5,03,72,71,81,547 44,57,02,20,830

Property & 31/03/2019 31/03/2018

Assets
(1)investment 6,31,83,51,190 4,03,11,22,144

(2) partnership 6,38,78,88,203 5,88,78,82,191

fund
(3) depositary 43,98,48,289 44,57,02,200
(4) advances 11,60,89,66,372 9,87,55,78,840
(5) borrowings 87,01,90,688 77,22,41,767
(6) interest & 1,19,27,85,425 98,34,75,239
discount
TOTAL 42,40,09,14,162 4,01,02,58,498

37
The Varachha CO-op. Bank Ltd.Surat

Property & 31/03/2019 31/03/2018

Assets
(1)cash balance 94,69,52,277 1,35,26,41,598
(2)investment 5,79,77,54,517 34,98,12,795
(3)advances 1,44,09,89,062 46,03,937
(4)investment 19,02,80,026 19,61,52,913
receivable
(5)bills receivable 63,731 1,55,595

(6)building 34,12,54,146 34,77,797

premises
(7)furniture 9,37,31,049 8,35,80,146
(8)other assets 16,43,98,570 15,01,13,768

TOTAL 89,43,98,570 2,14,05,38,549

Capital & 2017-2018 2018-2019

Liabilities
(1)authorized 25,00,00,000 50,00,00,000
s.capital
(2)reserve & other 99,68,77,534 86,27,82,334
fund
(3)deposit 14,45,58,05,229 15,24,08,79,684

(4)interest payable 1,11,448 4,18,975

(5)other liabilities 16,37,14,63,345 17,70,14,70,695

(6)P & L account 12,80,09,709 14,14,59,352

Total 32,20,22,67,265 34,44,70,11,040

38
The Surat District Co-op.

Capital& 31/03/2019 31/03/2018

Liabilites
(1)share capital 15,65,500 15,65,500

(2)reserve fund 4,40,74,49,762 1,08,30,07,620

(3)deposite 65,32,30,680 60,28,39,480

(4)loans 1,02,03,88,780 1,02,14,22,320

(5)bank adjustment 75,28,320 78,98,380
(6)subsidary 28,98,78,293 28,98,78,032

(7)bills for 32,48,65,280 3,45,67,890

collection
(8)payble intrest 78,56,89,790 72,73,75,760

TOTAL 29,70,77,15,489 3,76,69,89,482

Profit & Assets 31/03/2019 31/03/2018

(1)investment 4,31,83,51,190 3,03,11,22,144

(2)partnership 5,32,74,80,195 4,78,70,82,191

fund
(3)depositary 40,96,44,219 46,67,02,199
(4)advances 1,00,67,37,968 9,87,55,78,840

(5)borrowing 87,01,78,566 76,33,75,239

(6)intrest & 43,98,28,489 40,57,02,200

discount
TOTAL 7,58,61,62,455 19,32,95,62,813

39