Unaudited figures shared with Indian Cooperative read, Maharashtra-based Kaijs Bank earned a gross profit of Rs 40 crore in the 2021-22 FY. Earlier i.e. in 2020-21, it was Rs 36.64 crore.
Besides, the bank business mix as of 31st March 2022 stood at Rs 3800 crore. The bank registered Rs 2290 crore and Rs 1500 crore deposits and advances in the 2021-22 FY respectively.
Later on, sharing the news through social media, the bank’s Chairman further expressed his thanks to Vice-Chairman CA Chandrakant Chougule, Directors, CEO, officials, and staff of the bank for their kind support and cooperation extended during this financial year for achieving overall progress of the bank.