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Mangaluru, Apr 4 (PTI) city-based South Canara District
Central Co-operative (SCDCC) bank has achieved a record-
breaking profit of Rs 33.65 crore in the 2020-21 fiscal,
compared to Rs 30.83 crore in the previous year.
Bank president M N Rajendra Kumar said that despite the
impact of the coronavirus pandemic, the bank managed to
perform well by securing a record-breaking profit.
The bank has done a total business of Rs 10,100.30 crore
with a growth of 19.30 per cent and aims to touch Rs 11,000
crore in the next financial year.
The bank,with 105 branches, has seen deposits of Rs
4948.34 crore, he told reporters here on Saturday
The bank also bagged 19 Apex Bank awards, 17 NABARD
awards, FCBA national award for two consecutive years and
Banko Blue Ribbon award.
A total of 1,32,832 farmers were given loans under
Mangala Kissan credit card and 87,620 beneficiaries availed
schemes for accidents under Kisan credit card, he said.
The bank has planned new projects like introducing
interbank mobile payment system, internet banking, mobile
banking in Udupi, 10 new branches, new building for Siddapur
branch, ATM in every taluk and Bharat Bill payment system,
Rajendra Kumar said. PTI MVG APR
ADMINISTRATOR
APR
ADMINISTRATOR
Central Co-operative (SCDCC) bank has achieved a record-
breaking profit of Rs 33.65 crore in the 2020-21 fiscal,
compared to Rs 30.83 crore in the previous year.
Bank president M N Rajendra Kumar said that despite the
impact of the coronavirus pandemic, the bank managed to
perform well by securing a record-breaking profit.
The bank has done a total business of Rs 10,100.30 crore
with a growth of 19.30 per cent and aims to touch Rs 11,000
crore in the next financial year.
The bank,with 105 branches, has seen deposits of Rs
4948.34 crore, he told reporters here on Saturday
The bank also bagged 19 Apex Bank awards, 17 NABARD
awards, FCBA national award for two consecutive years and
Banko Blue Ribbon award.
A total of 1,32,832 farmers were given loans under
Mangala Kissan credit card and 87,620 beneficiaries availed
schemes for accidents under Kisan credit card, he said.
The bank has planned new projects like introducing
interbank mobile payment system, internet banking, mobile
banking in Udupi, 10 new branches, new building for Siddapur
branch, ATM in every taluk and Bharat Bill payment system,
Rajendra Kumar said. PTI MVG APR
ADMINISTRATOR
APR
ADMINISTRATOR
Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI
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