PUCBANK

Started in 1917 at a central place in Tripunithura which was then the seat of the Cochin Royal family, the institution was one of the pioneers of the co-operative movement. The main function of the Bank then was to lend money at reasonable rates of interest to the common people in order to save them from the clutches of money lenders who used to charge usurious interest and extort the common people... The Bank is a pioneer institution of its kind in the State which had the unique honour of hosting the FATHER OF THE NATION for a public speech at its own premises in 1932. Also, the Bank had the privilege of hosting the national leaders like the late Rajendra Prasad and the late Jayaprakash Narayan and making it a venue to address the people and instill in them the urge for national freedom and make them work for it... The activities of the Bank in relieving the hardship of the common people, though not in a large measure, earned for it a good name among the people of the locality. The..

Primary location: Ernakulam India