Kolhapur district has a large banking business and at present there are 38 nationalized, co-operative and private banks in the district along with the district central co-operative bank.

To meet the financial needs of farmers and all co-operative societies in Kolhapur district. Kolhapur District Co-operative Bank was established on 01/10/1938. The membership of the bank is mixed. It has co-operative societies and individual members. However, as per the order of the Government of Maharashtra, no person is made a new member. The bank started with 44 members and by the end of March 2020, the bank has 11582 members and 710 individual members for a total of 12292 members.

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