Corporate Planning and Institutional Development Department

CPID

Corporate Planning and Institutional Development (CPID) Department was formed in Oct 2007 with a view to suggesting measure to transform the Bank into a vibrant and strong institution that would lead its client institutions in the process of economic activities, to achieve socio-economic development through co-operative process.

Management Information System (MIS) Policy Section Taxation

The Management Information System (MIS)

Preparation of financial statements, Banks Balance Sheet and Annual report.

Prepared Development action plan for financial year and take review on periodic basis.

Constant review of interest rate on Deposits and Loans & Advances in light of RBI Policy & market situation. This has given positive impact on banks financial strength.

Undertaken ALM related analysis which helps to take the decision at management level. Alco Committee has been formed to review Assets & Liability of the Bank.

Policy Section

Carry out policy related functions viz. defining mission of the Bank, policy formulation, and preparation of schemes for business and support services, suggest innovations in systems and do in-depth analyses of problems through research. Further the functions related to data analysis & interpretation.

This section prepares Annual Budget for revenue and capital expenditure for various section of the bank.

Following Policies / Schemes have been formulated by this Dept.

Capital Management policy
“Nari Sanman Takeover” loan scheme with 1% interest rate concession for successful women entrepreneur.
Policy for Treatment of wilful defaulter and large defaulters.
Policy for financing in consortium with DCCB.
Policy for OD Facility to employee for the organisation / company receiving salary in MSC bank.
Policy for clean cash credit facility to license shopkeepers / proprietors / Tarders /Partners.
M T Loan for Godown Construction under SMART project.
Policies for credit and legal audit.
Policy for Preservation of Record.
Policy regarding sanction of loan to farmer groups on the basis of warehouse receipt collateral of Maharashtra State Warehousing Corporation under Smart cotton project
Policy on Fisheries Development for Small Farmers.

Taxation

Income-Tax assessment

Income Tax compliance of the Bank including all branches.

GST compliance of the Bank including all branches

All tax related matters.

Maharashtra State
Co-operative Bank Ltd.