Agriculture,
Banking and Co-operatives - the main story of Rural India with its
vast chunk of farmers - have made rapid strides in Balasore, the
granary of Orissa. And District Central Co-operative Bank (DCCB) has
come a long way in combining the three into one. With a meager
Working Capital of just about twenty-six thousand rupees, the
Balasore Central Co-operative Bank got registered on 9th February,
1916 and was later amalgamated with Bhadrak Central Co-operative
Bank in 1956 when the working capital was a mere 10 lakhs whereas it
is a whopping 633 crore now. And the total advances to various
sectors, amazing.
Keeping pace with the changing times and emerging technologies,
all its thirty branches along with the Head Office have been fully
computerized and 97 PACS out of 38 are not way behind.
And the march is on.........
Financial graph
Audited Balance Sheet and Profit Loss Account for the year 2006-07
Audited Balance Sheet and Profit Loss Account for the year 2007-08
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