The Kangra Co-operative Bank Limited, a leading and largest urban co-operative Bank of the National Capital Territory of Delhi has successfully convened its 44th Annual General Body meeting at FICCI , Golden Jubilee Auditorium, Tansen Marg, (Mandi House), New Delhi recently.
The meeting was attended by more than 1200 members and was presided over by the Chairman Shri Laxmi Dass, who is also Chairman of the Delhi Urban Co-operative Banks Federation.
The meeting was addressed by Chairman Shri Laxmi Dass and Vice Chairman Shri Shakti Chand Sharma (Advocate). The Managing Director Shri Attar Chand Parmar along with Chairman Shri Laxmi Dass and Chief Adviser & Professional Director Shri B R Sharma gave replies to the queries members raised on this occasion.
The Bank has registered 66 % growth in Profit (PAT) for 2011-12 over previous fiscal and Board’s proposed distribution of 18 % dividend (highest rate allowed as per Delhi Cooperative Rules 73(1)) consecutively 4th time was approved by the General Body unanimously.