Q.Explain any four functions of the Maharashtra State Co-operative Bank.

The apex bank both does ordinary banking and performs the special work of financing and leading the whole structure.

As the apex bank, the Maharashtra State Co-operative Bank performs ordinary banking functions and special functions as leader of the structure. Four important functions are:

1. Financing the district central co-operative banks — Its chief work is to supply short-term and medium-term funds to the DCCBs, which in turn finance the village societies and the farmer. This keeps credit flowing to the base of the pyramid.
2. Acting as a balancing centre for the state — It moves surplus funds from districts that have more than they need to districts that are short, so that the resources of the whole state are used to the best advantage.
3. Link with the RBI and NABARD — It borrows refinance from the Reserve Bank of India and NABARD and passes it down to the district banks; it is the point of contact between the national institutions and the co-operative structure of the state.
4. Guidance, supervision and training — It inspects, guides and advises the district central banks, helps them frame sound policies, trains co-operative bank staff, and represents the movement before the government and the national institutions. …

Do not list only ordinary banking functions (deposits and loans). The distinctive functions of the apex bank are financing the district banks, balancing funds among distri …