Abstract

The case, “Cooperative Bank Scams in India” gives an insight into the various scams and malpractices in cooperative banks in India and their implications on the Indian financial sector. The case begins with a history of co-operative banking in India. It briefly describes the structure of cooperative banks and their characteristics. The case then discusses in brief the scams that surfaced in four co-opera-tive banks, viz., Madhavpura Mercantile Co-operative Bank (MMCB), Krushi Co-operative Urban Bank (KCUB), Charminar Cooperative Urban Bank (CCUB) and Nagpur District Central Cooperative Bank (NDCCB) in 2001-02. The case also discusses how to revive the functioning of cooperative banks in India.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Scams in the cooperative banks in India
• Banking regulation.

Keywords

Cooperative Bank Scams in India, scams, malpractices, cooperative banks, India, Indian financial sector, structure, cooperative banks, four cooperative banks, Madhavpura Mercantile Cooperative Bank, MMCB, Krushi Cooperative Urban Bank, KCUB, Charminar Cooperative Urban Bank, CCUB, Nagpur District Central Cooperative Bank, NDCCB, 2001-02