Published Paper Details:

This study conducts a comprehensive comparative analysis of the cost of management (CoM) across State Cooperative Banks (SCBs) in India for the fiscal year 2018-2019. Utilising secondary data from the National Federation of State Cooperative Banks Ltd. (NAFSCOB) and the Department of Cooperation, Government of India, the study aims to identify variations in CoM among different states and explore the impact of these costs on the efficiency and profitability of SCBs. The analysis includes descriptive statistics, correlation analysis, and detailed rankings based on total CoM, CoM per employee, and the percentage of CoM to working capital. Key findings indicate significant variability in CoM, with Haryana, Telangana, and Tripura having the highest costs, while Arunachal Pradesh, Nagaland, and Manipur exhibit the lowest. A strong positive correlation between CoM and profitability suggests that higher management costs can be associated with better financial performance. Recommendations for optimizing cost management include implementing cost control measures, adopting best practices from efficient states, leveraging technology, and receiving regulatory support. The study concludes that effective cost management is crucial for the sustainability and growth of SCBs, with future research needed on longitudinal trends and the impact of technological advancements.