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Rs.4-lakh profit netted

Staff Reporter

TIRUCHI: The Tiruchi Bishop Heber College Employees Cooperative Credit Society netted a profit of Rs. 4.05 lakh during the financial year 2007-08 and disbursed Rs. 1.66 lakh as dividend to its members.

Disclosing this at a meeting, its Special Officer P. Yamuna said the Society, which had been functioning from 1986, had disbursed a sum of Rs. 64.42 lakh as loans to its members during 2007-08.

Special Officer, Tiruchi District Cooperative Union S. Mathivanan and Principal M. Marcus Diepen Boominathan spoke.

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