• Ms.Prasanna Prakash

The Indian banking sector is broadly classified into Scheduled banks and Non Scheduled banks. The Scheduled Banks are further classified into Commercial Banks and Cooperative Banks. Co-operatives are created by organised groups of people sharing a common interest. It is mutually managed and democratically controlled. Co operative Credit Societies formed in urban areas are referred to as Urban Cooperative Banks (UCBs). The concept of Co-operation originated from the Indian culture where people share their wealth according to their needs. The Urban cooperative credit movement in India started in the year 1904 with the main objective of catering to the banking and credit requirements of the urban middle classes and has gone through various phases. The main objective of the present study is to highlight the growth and development of the UCBs in India. The study is based on secondary data and it is analytical and descriptive in nature. The research paper concludes that there is tremendous growth and development in the Urban Cooperative Banks.

Key Words: Scheduled Banks, Commercial Banks, Cooperative Banks, Credit Movement Development of UCBs

"GROWTH AND DEVELOPMENT OF URBAN COOPERATIVE BANKS IN INDIA – AN OVERVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 5, page no.227-234, May-2019, Available :http://www.jetir.org/papers/JETIR1905835.pdf

"GROWTH AND DEVELOPMENT OF URBAN COOPERATIVE BANKS IN INDIA – AN OVERVIEW", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 5, page no. pp227-234, May-2019, Available at : http://www.jetir.org/papers/JETIR1905835.pdf