Lucknow – In a remarkable turnaround driven by reforms under the Yogi Adityanath government, Uttar Pradesh’s cooperative banking sector has reported a five-fold increase in profits and a massive rise in overall business. The growth has significantly empowered farmers and small-scale entrepreneurs across the state.
According to official data, the total business of 50 district cooperative banks in the state has surged to ₹41,234 crore. The cumulative net profit of these banks has witnessed a five-fold rise from ₹36 crore in 2017 to ₹162 crore in 2025, highlighting the sector’s financial strengthening and strategic importance in rural development.
U.P. Cooperative Bank’s Lending Triples to Over ₹23,000 Crore
The apex institution, Uttar Pradesh Cooperative Bank, has seen a substantial rise in its lending operations. In 2017, the bank disbursed loans worth ₹9,190 crore. This figure has now more than doubled, reaching ₹23,061 crore. The growth in agricultural and entrepreneurial credit has played a vital role in boosting the rural economy and enhancing financial inclusion.
Net Profit Crosses ₹100 Crore, Reflecting Financial Strength
The net profit of the Uttar Pradesh Cooperative Bank has seen a threefold rise — from ₹32.82 crore in 2017 to over ₹100 crore in 2025. This notable increase is attributed to better financial management, improved transparency, and efficient loan recovery mechanisms adopted under the current administration.
Doubling of Seasonal Crop Loan Distribution
Efforts to support farmers have also borne fruit, with seasonal crop loan distribution doubling from previous levels. Compared to 2017, the current loan distribution has reached ₹11,516 crore, ensuring timely financial aid for farmers and boosting agricultural productivity across the state.
Expansion and Modernization of Rural Banking Infrastructure
In a bid to enhance rural outreach, 13 new branches of cooperative banks have been opened across various districts. Furthermore, Primary Agricultural Credit Societies (PACS) are being developed as multi-service centers. These centers now provide integrated services such as banking, seeds, fertilizers, and insurance, all under one roof — making essential resources more accessible to the rural populace.
Towards Self-Reliant Cooperative Banking
The impressive growth trajectory of cooperative banks is a direct result of policy reforms and focused governance. The Yogi Adityanath-led administration’s commitment to empowering rural institutions is evident in the transformation of the cooperative sector — making it not just viable but vibrant and self-reliant.
As cooperative banks continue to evolve into major financial engines in rural Uttar Pradesh, the sector stands as a testament to the power of institutional reforms and grassroots empowerment.
