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State Co-op Banks & DCCBs have suffered losses: Nabard Report Losses due to amalgamation of DCCBs in Kerala: Nabard Nabard has come out with a 358-page report on the performance of co-op banks during 2019-20, which says that the aggregate accumulated losses of State Co-op Banks have increased from Rs.471 crore to Rs.1,232 crore. Nabard, however posted a 24 per cent growth in its balance sheet to a record high of Rs 6.57 lakh crore in the financial year ended on March 31, 2021. Nabard blames the loss on the amalgamation of 13 DCCBs in Kerala with Kerala State Co-op Bank. Seven out of 33 StCBs were having accumulated losses as on 31 March 2020. ....