The Role and Functions of Kerala State Co -operative Agricultural and Rural Development Bank includes the
- to mobilise resources for providing long term loans to its affiliated Primary Co-operative Agricultural and Rural Development Banks, by floatation of Special Development
Debentures, Ordinary Debentures, Special Rural Housing
Debentures, or by way of loans.
- to provide loans to its affiliated Primaries, for initial
lending, out of interim finance/cash credit facility arranged and to collect effective mortgages/gehans,
for the floatation of Debentures.
- to exercise effective financial control over its affiliated Primary
Banks, as a Central/Apex Bank, subject to the powers vests upon them under the Banks Act, Rules and bye-laws.
- to provide required institutional promotion and self training support to its affiliated
- to provide direct lending to corporate bodies as approved by State government, viz. to Kerala State Electricity Board, to Farming Societies etc.
This apex Bank is also expected to mobilise its resources through Deposit Mobilisation from Rural areas and to provide all credit needs of its ultimate borrower/members,
provided the clearance of State Government is obtained for such activities.