The Employment and Training Department Employees Cooperative Thrift and Credit Society extended loans to the tune of Rs.1.23 crore to its members during last year (2010-11). The society accounting for 195 members with a share capital of Rs.25.90 lakh got a financial assistance of Rs.82.77 lakh from the Tiruchi District Central Cooperative Bank. The society deposited Rs.32.65 lakh in the other cooperative institutions. The society registered a profit of Rs.4 lakh during last year and sanctioned a dividend of 11 per cent, said K.Iyamperumal, special officer of the society, while speaking at its general body meeting held recently.

M.Kanagasabapathi, special officer, Tiruchi District Cooperative Union, spoke.

More In: TAMIL NADU | NATIONAL