Success Story of Singanayakanahalli Rythara Seva Sahakara bank

During my internship i got a chance to visit and study one of the co-operative society situated in Singanayakanahalli (Near Yelahanka New town,  Bangalore North taluk)  named Rythara Seva Sahakara Bank.

A quick snap shot of the society:-

• The society started its operation in December 1976, with financial help from Syndicate Bank.
• The area of operation is 48 villages of Bangalore North Taluk.
• At present the society is covering 1710 hectares of area the jurisdiction.
• The members of the society are: small farmers, agriculture labors and village artisans
•  At present it has 6 branches situated in Singanayakanahali, Yelahanka, Raajanukunte, Chikkabettahalli, Kogilu, Marasandra.

I was astonished to see a cooperative society success in this manner which is equivalent to be  a big MNC success and in cooperative sector which can be compared to the success of SEWA(Self Employed Women Association), in Gujarat.

My study on this cooperative bank revealed a lot interesting factors like:-

1. Business model
2. Operational activities
3. Organizational Structure   

Operational activities and organizational structure are different in this cooperative bank when compared to ordinary cooperative society.

The main reasons what i think for the success of this cooperative bank is:-

• The management style.
• Strong belief in ethics and professionalism and adhere to code of conduct.
• Healthy relationship between stake holders.
• Transparency in financial transactions.

By seeing this success of this cooperative, i remained of Mahatma Gandhiji's words:
'Village empowerment and socio-economic upliftment of poor is possible only by cooperatives".

Concluding my post by saying

JAI JAVAN JAI KISAN

Internship experience- A first taste of corporate life

I started my internship at Arience Strategies, a project management consultant firm based in USA and in Bangalore.

Started my first day with lot of enthusiasm and curiosity focused on learning. The excitement was immeasurable in laying my first step at the office doors. The enthusiasm is still continuing and it will be ever in my mind about learning new things. In my view learning is

On the first day, had a good experience after talking to my mentor and project head Mr Pramod Kumar sir, a perfect example of professional as defined by Subroto Bagchi in his book "THE PROFESSIONAL".

From first day to present day had a great learning which had a influence on my personal life also, some of the aspects of my learning other than project is:-

• Leading a Professional life.
• Thinking process on a specified problem.
• A positive approach on every aspect we think. 

Until now i had a good experience working under Mr Pramod Kumar sir, hope to continue  for ever........ 

I am condensing my writing about my internship experience in a brief manner and  i continue in further posts.......

I would conclude my first post..........by saying "KNOWLEDGE IS DIVINE"

I heartfelt thanks to my well wisher, mentor and fatherly person Dr George Easaw sir, without his motivation and encouragement this would not happen.

I think, i didn't not hurt anybody in my post, if so my sincere apologies to you....

Wish you the best Venkat  in your blogging adventure ..

george..