The Andhra Pradesh State Co-operative Bank Ltd., (APCOB) was formed by the amalgamation of the Andhra State Co-operative Bank Limited, Vijayawada and the Hyderabad Co-operative Apex Bank Ltd., Hyderabad, under the Andhra Pradesh State Co-operative Bank (Formation Act) 1963 (Act 12 of 1963) and commenced business on 4th August 1963. Subsequently the Andhra Pradesh Cooperative Central Agricultural Development Bank Ltd., Hyderabad was merged under Act No.14 of 1994 and is deemed to have been registered as a cooperative society under the Andhra Pradesh Cooperative societies Act VII of 1964 w.e.f. 30th April 1994. Since then APCOB is providing the refinance both for Investment Credit (LT) and Short Term (ST) through DCCBs. RBI issued license to APCOB vide License No: RPCD.CO-OP (H)-1/05.08.01/2009-10 on 22.2.2010. The Golden Jubilee year of APCOB was celebrated in the year 2013.
As per the AP Reorganization Act, 2014, the Andhra Pradesh State was divided into two viz. the Residual A.P and the newly formed Telangana State on appointed day i.e., 02.06.2014. Consequently, the Andhra Pradesh State Cooperative Bank was also bifurcated into two State Cooperative Banks viz., the newly formed Telangana State Cooperative Apex Bank Ltd. (TSCAB), for the State of Telangana and Residual APCOB for the state of Andhra Pradesh w.e.f. 02.04.2015. With effect from 23.8.2016, the APCOB is functioning in Vijayawada as Headquarters.
The Co-operative Credit Structure (CCS) in Andhra Pradesh is a 3-tier structure, as given as under:
APEX (STATE) LEVEL
Andhra Pradesh State Co-operative Bank
(APCOB with 16 Branches )
DISTRICT LEVEL
District Co-operative Central Banks
(13 DCCBs with 415 Branches)
GROUND LEVEL
Primary Agricultural Co-operative Credit Society (1992 PACS)
{Total Membership: 74.00 lakh
Borrowing Membership: 16.50 lakh}
With the opening of 13 new branches in the area of Capital Region Development Authority (CRDA) of Andhra Pradesh State, now we are operating with 16 branches. The proposal of opening of 9 new branches in CRDA is under pipeline.
To emerge as the Best Co-operative Enterprise in the state,working on sound business and co-operative principles for sustainable and equitable growth of member Co-operative Credit Institutions and in fostering rural prosperity.
APCOB is committed to promote sustainable and equitable agriculture and rural development through-
for securing rural prosperity in the State of Andhra Pradesh.
Andhra Pradesh GSTIN (Goods and Service Tax Identification Number) : 37AAAAT2971J2Z6
Telangana GSTIN (Goods and Service Tax Identification Number) : 36AAAAT2971J2Z8
(Rs.in crore)
Sl. No | Particulars | Position as on 31.03.15
(Unified APCOB) |
Position as on 02.04.15
(Residual APCOB) |
Position as on 31.03.16 | Position as on 31.03.17 | Position as on 31.03.18 | Position as on 31.03.19 | Position as on 31.03.20 |
1 | Paid-up Share Capital | 317.89 | 215.90 | 226.64 | 262.09 | 310.75 | 388.50 | 403.76 |
2 | Reserves* | 1555.16 | 1001.12 | 517.03* | 553.39* | 613.55* | 690.36* | 762.63* |
3 | Owned Funds | 1873.05 | 1217.02 | 1241.01 | 1312.81 | 1421.63 | 1576.19 | 1663.72 |
4 | Deposits | 5208.44 | 2336.86 | 3538.26 | 3756.04 | 2866.95 | 2781.97 | 3776.31 |
5 | Borrowings | 6169.17 | 3260.07 | 4760.06 | 5712.08 | 6776.84 | 8218.74 | 8947.66 |
6 | Investments (Including Call & Short Term deposits) | 4486.03 | 1479.97 | 2234.96 | 3068.59 | 2300.95 | 1923.27 | 2399.83 |
7 | Loans & Advances | 9064.96 | 5629.57 | 7231.73 | 7647.04 | 8689.62 | 10540.58 | 11820.17 |
8 | Net Profit (after tax) | 80.83 | 47.14 | 27.21 | 66.46 | 79.34 | 97.33 | 144.61 |
9 | Total Business | 14273.40 | 7917.64 | 10768.62 | 11403.08 | 11556.71 | 13322.55 | 15596.48 |
* Rs.497.33 Crore was separated from reserves and marked as Provision against Standard Assets
ROLES AND RESPONSIBILITIES OF VARIOUS CADRES OF EMPLOYEES
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JOB DESCRIPTION OF STAFF ASSISTANTS AND MANAGERS WORKING IN HEAD OFFICE AND BRANCHES
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DETAILS OF BOARD MEMBERS AND COMMITTEES.
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PAY SCALE OF EMPLOYEES IN VARIOUS CADRES
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DETAILS OF EMPLOYEES IN VARIOUS CADRES
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