Delhi based Janata Cooperative Bank achieved a business mix of Rs 277 crore and earned a net profit of Rs 1.14 crore as on 31st March 2023.
It was revealed in the 67th Annual General Meeting of the bank held last week.
The deposits and loans & advances of the bank stood at Rs 180 crore and 97 crore in the 2022-23 FY. The bank will give an 18 percent dividend to its shareholders, announced the bank MD P S Pathania while addressing the AGM.
As on 31st March 2023, the CRAR of the bank stood at 16.44 percent.
The bank has five branches across Delhi and an extension counter. The bank is providing RTGS, NEFT, IMPS, ATM, Mobile Banking and other facilities to their customers.