MONITORING AND PLANNING SECTION 

Note on
Achievements of Short Term Coop. Credit Structure June,2007

The short term coop. credit structure consists of three tiers i.e. HARCO BANK at State Level having 13 branches and two Extension Counters at Chandigarh and Panchkula, 19 Central Coop. Banks at district head quarters with their 359 branches working in the length and breadth of the State and 2441 PACS have been restructured into 571 PACS catering to the financial needs of 27.75 lacs members who are residing mostly in rural areas of Haryana. HARCOBANK occupies a vital position in the economy of Haryana State and has been financing farmers, rural artisans, agricultural labourers, entrepreneurs, etc. in the State and serving its depositors for the last 40 years.

1.                 HARCO BANK 

I.I.      FINANCIAL POSITION:-

From the humble beginning in November, 1966, this bank has grown into a sound financing institution of outstanding credit worthiness. The  performance of HARCOBANK has been adjudged  as the best State Coop. Bank in the country. The following figures reveal its  sound financial health:-

                                                                                                                                      (Rs in Crores)