f2 Presentation

7/30/2019 f2 Presentation

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BY

GURUCHETHANA T.S.


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Housing and Urban Development

Corporation

Type: Public Sector Undertaking

Industry: Housing Founded: 1970

Headquarters: New Delhi

Key people: V.P.Baligar, IAS.(Chairman and Managing

Director)


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The Housing and Urban Development Corporation Limited

(HUDCO): is a government- owned corporation in India. One of the public sector undertakings, it is

wholly owned by the union government and is under the administrative control of the

Ministry of Housing and Urban Poverty Alleviation. It is charged with building affordable

housing and carrying out urban development.

HUDCO describe its mission as: To provide long term finance for construction of houses for residential purposes or finance or

undertake housing and urban development programmes in the country:

To finance or undertake, wholly or partly, the setting up of new or satellite towns:

To subscribe to the debentures and bonds to be issued by the State Housing (and/or Urban

Development) Boards, Improved Trusts, development Authorities etc.: specifically for the

purpose of financing housing and urban development programmes

To finance or undertake the setting of industrial enterprises of building material;

To administer the moneys received from time to time, from the government of India and other

sources as grant or otherwise for the purpose of financing or undertaking housing and urban

development programmes in the country and;

To promote, establish, assist, collaborate and provide consultancy services for the project of

designing and planning of works relating to Housing and Urban Development programmes in

India and abroad.


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Cont, HUDCO was established in 1970 to address the housing needs and sustainable

unban infrastructure development in the country .

It has partnered with the Govt. to fulfill the social responsibility of providing

housing to Economical Weaker Section through various schemes across the

country.

The growth of HUDCO has been steady since its inception and in the year

2010-11 its sanction of loans was Rs.19767 Crore and releases were Rs.5105

Crore.

The profit after tax was Rs. 548.90 Crore for the year 2010-11 as compared to

Rs.495 Crore in the year 2009-10 (Growth of 11%).

The total employee strength is 990 with 634 executives.


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Cooperative bank


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DEFINITION

HISTORY

INTRODUCTION

FEATURES

FUNCTIONS

CLASSIFICATION

RECENT DEVELOPMENTS


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A co-operative bank is a financial entity which belongs to its

members, who are at the same time the owners and the customers

of their bank. Co-operative banks are often created by persons

belonging to the same local or professional community or sharing a

common interest. Co-operative banks generally provide their

members with a wide range of banking and financial services (loans,

deposits, banking accounts). In India co-operative banks are

regulated with the RBI and governed by Banking Regulations Act1949 and Co-operative Societies Act, 1965.


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The Bank was formed in 1872 in the city Manchester in UK.

The Co-operative banks in INDIA have a history of almost 100years. The Co-operative banks are an important constituent of

the Indian Financial System. Co operative Banks in India are

registered under the Co-operative Societies Act. The

cooperative bank is also regulated by the RBI. They aregoverned by the Banking Regulations Act 1949 and Banking

Laws (Co-operative Societies) Act, 1965. These banks were

conceived as substitutes for money lenders.


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Co-operative bank performs all the main banking functions of

deposit mobilization, supply of credit and provision of

remittance facilities.

Co-operative Banks belong to the money market as well as to

the capital market.

Co-operative Banks provide limited banking products and arefunctionally specialists in agriculture related products. However,

co-operative banks now provide housing loans also.

UCBs provide working capital loans and term loan as well.


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Customer-owned entities: In a co-operative bank,the needs of the customers meet the needs of theowners, as co-operative bank members are both.

Democratic member control: Co-operative banksfollow the principle of one person, one vote.

Profit allocation: Profit is usually allocated tomembers which is related to the number of sharessubscribed by each member.


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Finance function 1. Cooperative banks in India finance rural areas under:

Farming

Cattle

Milk

Personal finance

2. Cooperative banks in India finance urban areas under:

Self-employment

Industries Small scale units

Home finance

Consumer finance

Personal finance


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Some co-operative bank are scheduled banks, while others are

non-scheduled banks. For instance, SCBs and some UCBs are

scheduled banks but other co-operative bank are non-

scheduled banks. At present, 28 SCBs and 11 UCBs withDemand and Time Liabilities over Rs 50 crore. Co-operative

Banks are subject to CRR and liquidity requirements. However,

their requirements are less than commercial banks.


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Sr.No. Category of bank Minimum SLR holding in Government and other

approved securities as percentage of Net Demand

and Time Liabilities (NDTL)

1. Scheduled banks 25%

2. Non-Scheduled

banks

a) with NDTL of

Rs.25 crore &

above

b) with NDTL of

less than Rs.25

crore

15%

10%


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Thank You

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