Telangana-based Agrasen Urban Cooperative Bank celebrated its 26th foundation day last week with full gusto and enthusiasm.
An event was organized at the bank’s headquarter in the presence of its Chairman Pramod Kedia who extended his greetings to the bank’s family.
The event witnessed the bank’s leadership pledging to achieve a business target of Rs 2,000 crore in the coming years.
The milestone celebration served as a testament to Agrasen Urban Cooperative Bank’s enduring legacy and its forward-looking vision.
As on 31st March 2024, the deposits and advances of the bank stood at Rs 592.44 crore and Rs 365.19 crore respectively.
The bank earned a net profit to the tune of Rs 8.59 crore, registering a growth of 14.14 percent. Besides, CRAR stood at 19.06 percent, which has improved in comparison to previous financial year i.e. 2022-23.