The Odisha State Cooperative Bank (OSCB) is one of the Scheduled State Cooperative Banks incorporated under the Orissa Cooperative Societies Act on 2nd April, 1948. Since its inception, the Bank has been playing a pivotal role in transforming the agrarian economy of the State by catering to the credit requirement of the farm families. The Bank leads the Short Term Cooperative Credit Structure (STCCS) in Odisha comprising 2709 PACS (including 212 LAMPS and 6 FSS) at the grassroots level, 17 District Central Cooperative Banks (with 323 Branches) at the middle tier. The Bank has facilitated enrollment of 53.69 lakh agricultural families from out of about 55 lakh agricultural families in the State covering 97.6% of the families. As a State partnered Bank, the OSCB has been implementing various plans and programmes of the State Government meant for agriculture production and productivity with rural development. The Bank has a network of 14 Branches spread across the State and it has been supporting the Central Cooperative Banks with its 323 Branches to consolidate the Short Term Cooperative Credit Structure. The PACS are also being transformed as One Stop Shop to provide all the requirements of the farm families under one roof. The Bank has also facilitated organization and credit linkage of Self Help Groups (SHGs) and Joint Liability Groups (JLGs) to meet the credit requirements of the sharecroppers and oral lessees.

The Bank has firm commitment to the prosperity of the State by way of providing credit for capital formation through Medium Term and Long Term loans for agriculture. Keeping in view the credit requirement of the large number of handloom weavers, rural artisans, adequate credit have been sanctioned in favour of the Primary Weavers Cooperative Societies and artisan members of the PACS.

The Bank has established a State-of-the-Art Core Banking Data Management Centre in its Head Office premises and linked all the Branches of DCCBs to the Data Centre alongwith its functional units as a part of the Core Banking Solution (CBS) being assisted by the State Government. The Bank has been earning profit since its inception.