1. PROF. V K SAPOVADIA, FINANCE & ACCOUNTING, INDIAN INSTITUTE OF MANAGEMENT, INDORE, INDIA. Good Cooperative Governance as a Tool to withstand Urban Coop Bank Crisis A Case Study of Rajkot Nagarik Coop Bank, India

2. Flow of presentation Objectives Cooperative banking in India Role of UCBs RNSB- General Background Financial indicators Cooperative indicators Member confidence & reasons Cooperative Governance Conclusion

3. Objectives To study and analyze critical financial & cooperative indicators of UCBs in Gujarat vis-à-vis RNSB To investigate reasons of growth for RNSB To scrutinize governance of RNSB in light of Cooperative Principles & Values To study whether Good Cooperative Governance is Good Business Practice

4. Cooperative Banking in India Banking in India  Saving habits of Indian household Cooperative sector in India  Genesis  Spread & Success Cooperative Banking  Business model Types of cooperative banks

5. Role of UCBs Genesis Some numbers  No. of UCBs  Market share Growth

6. Rajkot Nagrik Sahkari Bank Ltd. RNSB- Genesis & background Members- 220,000 Deposits of INR 6,000 million, advances of INR 4,000 million

7. Financial indicators

8. Cooperative indicators

9. Reasons for member confidence Reputation of management Personal relations- Like a family High value perception Customer friendly service record Cost efficient management

10. Ethical behavior & transparency Dynamic leadership, vision & strategic direction Cooperative values & principles Clear accountability & responsibility Cooperative Governance

11. Conclusion RNSB’s survival through cooperative bank crisis Good cooperative governance as good business practice

12. Thank You! For further discussion, You are welcome to write at: sapovadia@iimidr.ac.in