Product details

The case gives an insight into the various scams and malpractice in co-operative banks in India and their implications on the Indian financial sector. The case begins with a history of co-operative banking in India. It briefly describes the structure of co-operative banks and their characteristics. The case then discusses in brief the scams that surfaced in four co-operative banks: Madhavpura Mercantile Co-operative Bank (MMCB), Krushi Co-operative Urban Bank (KCUB), Charminar Co-operative Urban Bank (CCUB) and Nagpur District Central Co-operative Bank (NDCCB), in 2001-2002. The case also discusses how to revive the functioning of co-operative banks in India. From the case, students are expected to understand and analyse the reasons for the scams in urban co-operative banks and their implications. The case is structured to enable students to see how flaws in the co-operative banking system led to scams. Students can gain an insight into these scams and the steps that can be taken to revitalise co-operative banking in India. The case is intended for MBA/PGDBM level students as part of finance and banking electives.