AN EMPIRICAL STUDY ON THE FINANCIAL PERFORMANCE OF SELECTED SCHEDULED URBAN COOPERATIVE BANKS IN INDIA

The study mainly focused attention to study the financial performance of Urban Cooperative banks in India, which were covered under schedule II of RBI Act. In this regard, schedule II of RBI Act consists of 55 Urban Cooperative banks. The researcher aims to analyze the financial performance of 10 Urban Cooperative banks for sample study. Urban cooperative banks exhibited a greater emphasis on product diversification, customer orientation thrust towards retail banking, adoption of IT for improved service, better MIS and management and strategic mergers and acquisition across bank groups. The relative performance of each bank has been assessed in the context of Resources Deployed, Assets Quality, Management Productivity and Earning Capacity variables.