DOI: 10.36347/sjahss.2018.v06i01.038

Pages: 242-244

Banks assume important role in any economic development by mobilizing capital and investment for sectors such as industry, agriculture, trade, etc. Indian banking system consists commercial banks, cooperatives besides post offices and development banks, where commercial banks are major players and cooperatives and others are also providing baking services to people. Cooperative banks have been playing a significant role in meeting financial needs in both urban and rural areas. These cooperative banks help in gathering large number of depositors and borrowers to the banking system. In this background the present paper attempts to examine the status, problems and prospects of urban cooperative banks in India.