Kota Nagarik Sahakari Bank which is led by Lok Sabha Speaker Om Birla’s younger brother Rajesh Birla has approved a loan worth Rs 3.94 crore to the bank’s 55 members in the board meeting held recently.
On the occasion the bank’s MD Beena Bairwa said after the approval of the general body meeting, the bank also proposes to disburse bonuses to the employees.
In the first half of the current financial year, the bank earned a profit of Rs 6.70 crore.
The meeting was held at the bank’s headquarters in Kota which was attended by its Vice-Chairman Hemraj Singh, Director Mahendra Kumar Sharma, Ashwariya Jain, and others.