KERALA STATE CO OPERATIVE BANK ( KSCB )

• State co operative bank is the federation of central co operative bank ( District co operative Bank )

• Kerala State Co operative Bank ( KSCB ) is the apex bank for short term credit in Kerala

• The headquarters of KSCB is co bank tower at Palayam in Thiruvananthapuram

• The first scheduled apex co operative Bank in India was KSCB

• KSCB is the only one scheduled co operative Bank in Kerala

• The principle State partnership maintained by KSCB

• The KSCB was formed in 1956 November 1

• RBI declared KSCB as a scheduled bank in 1966

• In 1972 RBI issued license to KSCB

• KSCB's Board of Directors include 21 members and it have a 9 member included exicutive committee

• KSCB has Three Regional offices ie Thiruvananthapuram, Ernakulam, Kozhikode

• KSCB have 20 branches

• The Managing Director is the Chief exicutive of KSCB

• Present MD of KSCB is Ms Rani George

• Main function of KSCB is to provide agricultural finance to District Co operative Banks

• The credit card issued by KSCB are Samridhi card and Co bank card

• The training institute of KSCB is ACSTI

• ACSTI known as Agricultural Credit Staff Training Institute

• ACSTI formed in the year 1992

• Headquarters of ACSTI is at Manvila in Thiruvananthapuram

• The first central bank affiliated to KSCB was Malabar Central Co operative Bank

• The maharaja of Travancore His Highness The Moolam Thirunal Ramavarma by his proclamation introduced the Travancore  Co operative Regulation Act in 1914

•  As per the Act the first co operative society, The Trivandrum Central  Co operative Bank registered in the year 1915

• The bank started functioning on 18 January 1916

• The initial working capital was one lakh

• In 1943 the bank was change in nature into The Travancore Central Co operative Bank

• In the year 1949 Travancore Cochin state was formed

• In 1954 the bank renamed as Travancore Cochin Co operative Bank

• On linguistic basis The Kerala State formed in the year 1956. Then the bank was also raised above the ground of State Co operative Bank and further it become The Kerala State Co operative Bank Ltd.