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SCDCC bank achieves record profit of Rs 33.65 crore


SCDCC bank achieves record profit of Rs 33.65 crore
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Last Updated: Apr 04, 2021, 11:27 AM IST
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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.
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. ....

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SCDCC Bank records ₹33.65 crore profit


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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. ....

Vinaykumar Soorinje , Mn Rajendra Kumar , Canara District Central Cooperative , Bank Vice , South Canara District Central Cooperative , Rupay Kisan Cards , Bharat Bill Payment , Vice President Vinaykumar Soorinje , Chief Executive Officer Ravindra , வினய்குமார் சூரின்ஜே , ம்ந் ராஜேந்திரா குமார் , கனரா மாவட்டம் மைய கூட்டுறவு , வங்கி துணை , தெற்கு கனரா மாவட்டம் மைய கூட்டுறவு , பாரத் ர சி து கட்டணம் , துணை ப்ரெஸிடெஂட் வினய்குமார் சூரின்ஜே , தலைமை நிர்வாகி அதிகாரி ரவின்ற ,