Janaseva Sah Bank grows on all parameters
UCB notes growth in both deposits and advances
The financial year 2019-20 for Pune based Janaseva Sahakari Bank Pune was fairly good as its total business and performance on other parameters were impressive. The total business of the bank increased from Rs 3100 crore in 2018-19 to Rs 3,227 crore in the 2019-20 FY.
The deposits of the bank grew from Rs 2000 crore to Rs 2060 crore whereas the total advances of the bank as on 31st March 2020 stood at Rs 1,167 crore. Earlier i.e. in 2018-19 it was Rs 1,129 crore.
Since the bank’s Chairman Pradeep Jagtap is indisposed with covid 19, Indian Cooperative could not get his comment on the financial report.