The District Co-operative Central Bank Ltd.,Bidar was established in the year 1922 under the Hyderabad Co-operative Societies Act with Registration No.20944 dated 13/8/1922 with an objective to provide short term and medium term loans for agricultural purposes. The area of operation of the Bank is extended to the whole of Bidar District. After realignment of (5) Talukas Viz, Bidar,Aurad,Bhalki, Humnabad & Basavakalyan. Bidar District population stood of 15.00 lakhs Covering 622 revenue villages and 300 wadi thandas in the entire District.
After re-organisation of states the Bank opened its first branch at Basavakalyan and than at Aurad and Humnabad. The activities of the Bank has gradually increased, which can be seen from the statements enclosed. Now, the Bank is having (43) Branches covering all the Revenue circles.
The Reserve Bank of India granted Licence No.RPCD BG 83-C dated 15th July 1998 to the Bank.
The Bank has started functioning with a initial Share Capital of Rs.1671/- and thereafter it has developed gradually. The Bank has grown rapidly in the last 4 decades and its operation in the District