PDCC Bank PDCC Profile

PDCC Profile

The area of operation of the bank is extended over Pune District.
Despite the fact that there is stiff competition from the nationalized & urban co-op. banks, which have fairly large network in the district, but the bank has maintained its business share in the district and even at industry level. Since last 105 years the bank is rendering remarkable services to its customers. As a Central Financing Agency in the district, the District Central Co-op. Bank are the platform on which, the co-operative societies in the district use to maintain there reserve fund deposits and others, besides which the SLR investments in the form of deposits are being kept with the DCC banks by the urban co-op.banks. The DCC banks are representing the co-operative institutions in the district in many ways, for urban co-operative banks the clearing sub-members facility is being given by the DCC banks besides which the DCC banks are providing loans to various on lending co-operative institutions. The DCC banks are the backbone of the Agriculture Finance in the country. The Central Co-op.Banks occupies a position of cardinal importance in the co-operative credit structure. hey form an important link between the apex co-operative bank and the primary agriculture credit societies. The success of the co-operative credit movement largely depends on their financial strength .


The main objects of the Bank are:

  • to act as balancing center of finance for the primary societies in the district by providing them with funds when they have a shortage and by serving as a clearing house for their funds which are surplus.
  • to provide capital to the affiliated societies and to perform the banking business.
  • to provide a safe place for investing the reserves of primary societies.
  • to provide latest banking facilities to the members.
  • to develop the co-operative movement in the district on sound lines and to act as friend philosopher and guide.
  • to develop and extend banking facilities in rural and Urban areas.
  • to supervise, guide and control the working of member societies.


The constitution of the Bank is of a mixed type consisting of both individuals and co-operative societies as members. However, as advised by the co-operative department individual membership of the Bank has been discouraged. As on 31.3.2018 the Bank has an affiliated membership is -

  • Co-operative societies : 9111
  • Individuals : 1729
  • Total : 10840


The Management of the Bank is vested in the Board of Directors The tenure of the elected board is of five years. After the completion of the said period the Board of Directors are eligible for re-appointment. Some of the powers of the Board are delegated to Executive Committee, Loan Committee and risk management committee. The meetings of Board of Directors are held once in every month, while the committee meetings are held once in every week. The decisions made in the committee meetings are approved and finalized in the Board meeting. The Board of Directors consisting of 21members. In order to develop the co-operative structure, the representatives of different classes of co-operative societies are eligible to elect and act as a director of the Bank.. Two seats are reserved for the professional directors whose experience and guidance are useful to the Bank. The directors from different fields leads to work the bank in a profitable way, make overall progress of the district, and to run the Bank in democracy system. The composition of the Board of Directors of the Bank is as follows-

Particulars Total No,of Representatives
Ambegaon taluka 1
Baramati taluka 1
Bhor taluka 1
Daund taluka 1
Haveli taluka 1
Indapur taluka 1
Junnar taluka 1
Khed taluka 1
Maval taluka 1
Mulshi taluka 1
Purandar taluka 1
Shirur taluka 1
Velha taluka 1
Representative of agriculture
processing & marketing societies
Representative of urban
co-operative banks, urban thrifts
Representative of other co-operative societies
such as consumer Societies,
housing societies,
labour societies,
irrigation societies etc
Schedule caste & tribe 1
Other backward class 1
Special backward class 1
Reserved seat for women 2
Total 21

Function of various Committee

Executive Committee

The Board of Directors decide the members of Executive committee among themselves. The Chairman of the Bank is the Chairman of the Executive Committee. The period of Executive Committee is of 4 months. After the completion of the said period, the members of the Board are re-elected for the membership of Executive Committee. There are maximum 11 members for Executive Committee. The Executive Committee performs following main functions-

  • Sanction of membership.
  • Sanction to issue share certificate.
  • Sanction for transfer of shares.
  • Sanction of agricultural loans.
  • Preparation of annual report of the Bank.
  • Consider measures for recovery of overdue loans.
  • Sanction of various bills.
  • Consider staff issues such as recruitment, promotion, legal action for misconduct of the staff.
  • Appointment of advocate, officer for any legal activity in favor of / against the Bank.

Loan Committee

The Board of Directors decide the members of Loan committee among themselves. The Chairman of the Bank is the Chairman of the Loan Committee. The period of Loan Committee is of 4 months. After the completion of the said period, the members of the Board are re-elected for the membership of Loan Committee. There are maximum 11 members for Loan Committee. The Loan Committee performs following main functions.

  • Sanction of non-agriculture loans to non-agriculture societies such as industrial societies, consumer societies, labour societies, housing societies, weaver societies, urban thrift societies etc.
  • Consider measures for recovery of overdue loans.
  • Consider for reshedulement of loan.

Audit Committee

The member of the Audit Committee are appointed for the period of one year. There are maximum 5 members for Audit Committee. Audit committee takes the review of the progress of audit reports by various authorities such as Chartered Accountants, National Bank for Agriculture & Rural Development (NABARD) inspection, Maharashtra State Co-operative Bank’s inspection and look after for suitable action for its remedy.

Control of the Bank

The annual balance-sheet, profit and loss account, auditor’s report are sanctioned by the shareholders of the Bank. They are the owner of the Bank. They control over the yearly activities of the Bank. The Board of Directors act as the trustee of the Bank. The General Manager and Deputy General Manager of various departments (at present there are two Deputy General Managers i.e. one for accounts department and other for loans and recovery department) implements the decision made by Board of Directors. To help the Managers, there are Assistant General Managers of various departments. The Chief Officers of various Departments look after the daily activities of that department at the Head Office Level. At the operational level there is Zonal Officer for each taluka. He has a control over all the branches in that taluka. Also there are Senior Officers who look after the activities of two to three branches in that taluka. Further there are Branch Managers who look after the daily activities of the Branch. To look after the working of the branches there are various departments at the Head Office level.

Major working of various departments of the bank.

Administrative Department.

Administrative department looks after availability of man-power of the bank. The HR Department which comes under the Administrative Department handle all the matters of leave, transfer and recruitment of employees. It also looks after for opening of new branches, sanctions some of the expenditure of the branches.

Agriculture Department.

It provides short-term, medium-term and long-term finance to the farmers with the help of primary agriculture societies at the village level. The total agriculture advances outstanding as on 31st March, 2014 is of Rs. 1651.99 crores out of direct agriculture finance to the farmer is of Rs. 143.19 Crores. It provide finance at the concessional rate of interest.

Non-agriculture Department.

It mainly provide finance to salary-earner societies, urban banks, urban thrift, industrial and labour societies, self-help groups, rural artisans, sugar factories, marketing societies. Planning and Development Department is a sub-department of Non-agriculture Department which provide non-agriculture individual finance. Non-agriculture individual finance mainly includes finance for non-farm sector, education purpose, consumer durable goods, vehicle loan, housing loan and cash credit.

Accounts Department

It mainly looks after the availability of funds of the bank and its utilization in proper way. While making utilization of the available funds it has to consider two important factors i.e. liquidity and profitability. It has to consider the amount of investment is available as and when necessary and it should be invested in the profitable manner. To invest in the profitable manner it also consider the maximum lending limit (i.e. upto which the bank can sanction the loan), maximum borrowing power, capital adequacy, solvency and such other important aspects of the Bank.

Financial Position of the bank

The bank has a strong financial position which can be judge by the following information.

(Rs. In Crore )

S.No Particulars 31.3.2016 31.3.2017 31.3.2018
1 Own Funds 1166.79 1231.53 1317.23
2 Deposits 7594.79 8044.13 8676.92
3 Advances 4955.03 5094.83 4875.07
4 Investments 3824.31 4293.90 5268.88
5 Working Capital 10028.10 11457.92 11788.18
6 Total Income 776.33 805.90 798.47
7 Net Profit 61.55 71.62 35.12
8 C.D. Ratio 65.24% 63.34% 56.18%
9 Net NPA -- --- 6.91 %
10 CRAR 13.52% 12.89% 13.50%
11 Audit Classification ( Continuously) “A” “A” “A”

Working Capital

The working capital of the bank as on March, 2018 has reached upto Rs. 11788.18 crore.


The total deposits of the bank as on 31st March, 2018 was of Rs. 8676.92crore. The bank has taken vigorous efforts to mobilize the deposits on a large scale. The deregulation of rate of interest offered on the deposits has created considerable competition in the market inspite of it, the achievement is remarkable on the part of the bank


The total investments consisting of S.L.R. and Non-S.L.R. investments have reached up to Rs. 5268.88crore.


The bank has rendered financial assistance to the primary agril.credit soc.,marketing soc.,weavers,consumer soc.,industrial co-op.,spinning mills., urban credit soc.,salary earners soc.,urban co-op.bank,co-op.sugar factories, individuals, loan against gold ornaments & fixed deposits receipts, consumers durable, transport soc., project finance etc. To make the development of the whole district, the bank is providing agricultural & non -agricultural loans to the needy society or individual. The bank quantum of agricultural loans is of Rs. 1651.99 crores & non agricultural loan is of Rs.2127.87 crores. The total loans and advances outstanding as on 31st March, 2014 were Rs. 3779.86 crore. The classification of loan is as under -

Particulars Agri. Loans Non-Agri.Loans Total Loans
ST 1111.21 1654.13 2765.34
MT 527.47 389.08 916.55
LT 13.31 84.66 97.97
Total 1651.99 2127.87 3779.86

Micro Finance - By Self Help Group

  • SHG with bank 28002 on March, 2014
  • Out of above Women SHG Group 26202
  • Loan Amount sanctioned - Rs.374.17 crores
  • Outstanding - Rs.6.17 crores
  • Overdue - Rs.1.00 crores
  • Recovery - 84%

For effective SHG Movement

  • Direct finance to SHG finance based on SHG's savings.
  • Loan to SHG first time minimum Rs.30000/- & maximum Rs.5.00 lacs
  • Loan to SGSY SHG
  • Interest Rate for BPL Group 7% p.a.
  • Interest Rate for Non BPL Group 8% p.a.

Loan Sanctioning Authority

  • At Branch Level :- Rs.30000/-
  • At Divisional Office Rs.50000/-
  • Over Rs.50000/- at Head Office level.
  • Free training to SHG member of Record keeping, how to write books of account etc & for small business activity.
  • For Marketing of SHG Product, Bank gave its own place for permanent shop named "Sharda Bazar" at Laxmi Road in banks premises only without any rent.
  • For SHG nurturing & Bank Linkage 14 NGO are deputed by bank.


Since the year 1996-97 the prudential norms have been made applicable to the D.C.C.BANKs. On this background the bank has effected recovery upto 70.57% in June, 2013. The bank earned profit of Rs.51.25 crores as on 31 March 2014.

Branch expansion

The bank has created network of 283 branches within the district.

Staff Training

The bank had started to provide training in various fields such as banking, recovery, NPA Management, computerization, industrial finance, management of available funds & its utilization, liquidity management , risk management & so on. It helps bank for its future progress.


The total strength of staff as on 31st Mar., 2014 was 1399 it is

S.No Designation Staff as on 31.3.2014
1 Managing Director 1
2 General Manager 2
3 Deputy General Manager 1
4 Asstt.General Manager 5
5 Chief Officer 33
6 Senior Officer 274
7 Junior Officer 223
7 Clerk 640
8 Peon,Driver etc. 220
  Total 1399


For achieving accuracy in work and maintaining update record and keeping constant speed in work, the bank has undertaken core banking system and for that system a separate department is established at the Head Office level. A separate core banking machinery in case of disaster management has also been set up at Baramati taluka.


So instead of keeping that gold jewellery, coins, bars or biscuits lying ideal in your locker, you sure could use them to meet those cash contingencies.

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