News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Classifieds |
Jobs |
Obituary |
Business
-
Briefly
KSCAB achieves higher profit
MANGALORE:
The Karnataka State Co-operative Apex Bank Ltd. has posted an impressive performance in 2005-06. The financial figures, as mentioned in a release from the bank, show Rs. 2,262 crore towards mobilisation of deposits and working capital to an extent of Rs. 3,700 crore giving the bank a net profit of Rs. 27.27 crore during 2005-06. According to the Chairman, M. N. Rajendra Kumar, the net profit earned in 2005-06 was the highest in the last five years. The bank has disbursed loan up to Rs. 1,762.52 crore during 2005-06 through 21 district Central Co-operative banks and 4587 Primary Agricultural credit Co-operative societies. Out of 1,762.52 crore, a sum of Rs. 1,111.88 crore have been advanced to the farm sector and Rs. 650.64 crore to the non-agricultural sector. The bank will also computerise all the District Central Co-operative Banks which will facilitate online banking between DCC banks and the Apex bank he added.
Printer friendly
page
Send this article to Friends by
E-Mail
Business
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Classifieds |
Jobs |
Obituary |
Updates:
Breaking News |
|
