Problems and opportunities to strengthen the D.C.C. banks in India

From a moderate start, the cooperative movement in India has reached a stupendous position. Like other form of cooperatives, the DCC Banks occupy a position of cardinal importance in three-tier credit structure in India. They came into existence due to failure of PACCs to collect the required sources of village community on one hand and to inspire the habit of thrift saving among the members to private strong capital base on the other. The PACCs could not meet the Credit requirements of their members. Hence the need was felt to provide parental help to primaries. The DCC Bank is a federal society of all primary co-operative societies in a district. This Bank provides financial assistance to village primary societies, which requires for providing it further to their members. DCC Banks in Karnataka played a vital role in the development of cooperative movement