Mumbai’s leading bank- Bharat Cooperative Bank achieved a business mix of Rs 18,317.27 crore as on 31st March 2024.
The deposits and loans and advances of the bank stood at Rs 11,362.54 crore and 6,954.73 crore respectively.
The bank’s reserves and surplus increased from Rs 1,349.15 crore (2022-23) to Rs 1487.36 crore as on 31st March 2024.
During the year, the bank performed well almost on all the financial parameters.
It bears recalling that the bank received the ‘Best IT Risk Management Award’ (Runner Up) from the prestigious IBA at the 19th Banking Technology Conference held at Mumbai.