SCDCC Bank records ₹33.65 crore profit
The Hindu
The South Canara District Central Cooperative (SCDCC) Bank recorded a profit of ₹33.65 crore for the fiscal 2020-2021, said SCDCC Bank Chairman M.N. Rajendra Kumar here on Saturday.Talking to reporter
The South Canara District Central Cooperative (SCDCC) Bank recorded a profit of ₹33.65 crore for the fiscal 2020-2021, said SCDCC Bank Chairman M.N. Rajendra Kumar here on Saturday. Talking to reporters, Mr. Kumar said that the total business in the bank’s 105 branches in 2020-21 was ₹10,100.3 crore, which was 19.3% more than the total business recorded in 2019-20. The total deposits for 2020-21 was ₹4,948.34 crore and this was 17.65% more than deposits received in 2019-20. The total advances in 2020-21 was ₹3,712.67 crore of which ₹1,596.04 crore was for short-term loans given in the agriculture sector. As many as 1.19 lakh farmers have been given RuPay Kisan Cards, while 58,910 RuPay debit cards have been given to other customers.More Related News