THE KERALA STATE CO-OPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK LTD(KSCARDB)

Comprehensive Rural Development Through Credit

Message From the GM

Dear Valued Members and Business Partners,

Kerala State Co-operative Agricultural and Rural Development Bank has always been in the forefront of committed activities aimed at bettering the Social scenario of the rural community. As the Apex body of the Primary Co-operative Agricultural and Rural Development Banks in the State, it has spear headed such programmes and streamlined them, right from its inception.

The KSCARD Bank has, in fact, come a long way since the formative years, when it focused primarily on the redemption of prior debts of rural farmer. The thrust has switched over to the production oriented financing policy, which involves long term loans for development needs. The Bank has also diversified its activities and formulated various innovative loan schemes so as to achieve the prime objective of rural development.

The origin of KSCARD Bank can be traced back to 1931, the year in which the Land Mortgage Bank started functioning in the erstwhile Travancore State. Subsequently Land Mortgage Banks were established in Cochin and Malabar as well. With the formation of the Travancore Credit Bank, the land Mortgage Bank merged into it. As a successor to the Travancore Credit Bank, the Kerala Co-operative Central Land Mortgage Bank was organized on October 4, 1956.

Before long, the Land Mortgage Banks of Cochin and Malabar also got affiliated to it.The present Kerala State Co-operative Agricultural and Rural Development Bank Act came into force in 1985. Recently, the Bank re-oriented its activities catering to definite target groups such as artisans and small entrepreneurs and specific areas like village industries and rural housing. Our vision is to be “A premier Bank in the Cooperative sector facilitating sustained Agricultural and Rural Development”

Our mission is “to promote comprehensive, Agriculture and Rural Development by providing financial services through members, aiming sustainable growth of its members and institution building.”

By 2020 ,we are promising to our valued members and well wishers that we” Kerala State Co Operative Agricultural and Rural Development Bank” will become a premier institution striving to achieve sustainability in agriculture and rural development.

Before I stop this message I like to quote what Robert frost said and I believe

The woods are lovely, dark, and deep,
But I have promises to keep,
and miles to go before I sleep,
and miles to go before I sleep.

I take this opportunity to thank all our Valued Members, both the PCARDBs and individuals, for the confidence reposed on us in our lending activities as well as deposit mobilization endeavors.

Thank you once more.

Aparna Prathap

General Manager i/c