Owned Fund Growth of Odisha State Cooperative Bank

An Empirical Analysis

Abstract

This study examines the long-term growth trajectory of the owned fund of Odisha State Cooperative Bank (OSCB) over the period 1950–2023, situating its financial evolution within the broader context of cooperative banking reforms, economic liberalization, and technological modernization in India. Using time-series data sourced from official reports and publications of NABARD, RBI, and OSCB, the study applies a mixed-method approach combining descriptive statistics, decade-wise growth analysis, and advanced econometric tools including ARIMA (1,1,1) modeling, exponential forecasting, and structural break testing through the CUSUM method. The results reveal a consistent upward trend in owned fund growth, with the Compound Annual Growth Rate (CAGR) estimated at 14.7%, indicating strong institutional capital formation. Structural break analysis identifies significant shifts around the 1980s and 2000s, corresponding to key policy interventions and financial modernization phases. Forecasting results suggest continued growth through 2030, albeit at a moderating pace, signaling the maturity of the institution’s financial structure. The findings align with earlier research on cooperative banking but provide a more rigorous empirical foundation through long-horizon time series modeling. Policy recommendations emphasize capital strengthening, technological adoption, risk management, and regulatory coordination to sustain financial growth. This study fills a critical research gap by providing a comprehensive, data-driven analysis of OSCB’s capital evolution, offering valuable insights for policymakers, cooperative banking practitioners, and researchers in rural finance and development.