At the village level, there are the village-level primary agricultural credit societies (PACSs), which anticipate the credit demand of a particular village and get credit from the District central cooperative banks (DCCBs).
At the apex of the rural credit lending structure is the State Cooperative Banks (SCBs). It is another successful example of cooperative societies as individual farmers lack the bargaining power to make their case for credit with a bank.
There are also cooperative marketing societies in rural areas and cooperative housing societies in urban areas.
In urban areas, urban cooperative banks (UCBs) and cooperative credit societies extend banking services to many sectors that would otherwise have found it difficult to get into the institutional credit structure.
