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.