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Repco Bank shakes off Covid limitations; turnover crosses Rs 16k cr


Being the one to shake off the impact of Covid limitation fast, Chennai based Repatriates Cooperative Finance and Development Bank popularly known as Repco Bank has crossed the business turnover of Rs 16,000 crore, while three months of the current financial year are yet to go.
“In adverse market conditions and the lockdown imposed due to Coronavirus, we have got success in crossing the business turnover of Rs 16 k crore before the end of the current financial year”, its Managing Director Smt. R.S. Isabella to Indian Cooperative correspondent on the phone.
“Now, the situation is under control and loan disbursement has also started. We are also launching various new schemes for our borrowers and we are getting good response”, she said. ....

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