Financial performance analysis of primary cooperative agricultural and rural development banks; with special reference to Ernakulum district of Kerala
The primary cooperative agricultural and rural development banks in Kerala have been assigned a vital role in agricultural development in the State. It is through the branches of these banks that various programmes of the government are being implemented in agricultural sector. However, the performance of these banks in recent years shows a deterioration owing to its structural and functional limitations. Therefore, the study has come up with the objective of studying the financial performance of Aluva primary cooperative agricultural and rural development bank located in Ernakulum district of Kerala. The study period covered financial data for ten years from 2008-09 to 2017-18 and the data was analysed with the help of financial ratios. The study found that performance of the bank is financially sound but with minimum possible disfigurements which is suggested to wrestle with appropriate management practices.