The Andhra Pradesh State Co-operative Bank Ltd. (APCOB) was established on August 4th, 1963. It has been included in the Second Schedule of the Reserve Bank of India Act since July 16th, 1966, and operates within the regulatory framework of the Reserve Bank of India (RBI) and the National Bank for Agriculture and Rural Development (NABARD).
APCOB plays a pivotal role in the well-organized 3-tier Co-operative Credit Structure (CCS) of Andhra Pradesh. With 18 branches at the Apex (State) level, it collaborates with 13 District Co-operative Central Banks (DCCBs), managing 425 branches at the middle (District) level. At the ground (Primary) level, Primary Agriculture Co-operative Credit Societies (1995 PACS) cater to the banking and credit needs of the local population.
This integrated structure reflects APCOB's commitment to fostering financial inclusivity and economic development throughout the state.
