Udayavni Special

SCDCC bank achieves record profit of Rs 33.65 crore


Team Udayavani, Apr 4, 2021, 11:25 AM IST

Mangaluru: A city-based South Canara District Central Co-operative (SCDCC) bank has achieved a record-breaking profit of Rs 33.65 crore in 2020-21 fiscal, compared to Rs 30.83 crore in the previous year.

Bank president M N Rajendra Kumar said that despite the impact of the coronavirus pandemic, the bank managed to perform well by securing a record-breaking profit.

The bank has done a total business of Rs 10,100.30 crore with a growth of 19.30 per cent and aims to touch Rs 11,000 crore in the next financial year. The bank, with 105 branches, has seen deposits of Rs 4948.34 crore, he told reporters here on Saturday, April 3.

The bank also bagged 19 Apex Bank awards, 17 NABARD awards, FCBA national award for two consecutive years and Banko Blue Ribbon award. A total of 1,32,832 farmers were given loans under Mangala Kissan credit card and 87,620 beneficiaries availed schemes for accidents under Kisan credit card, he said.

The bank has planned new projects like introducing interbank mobile payment system, internet banking, mobile banking in Udupi, 10 new branches, new building for Siddapur branch, ATM in every taluk and Bharat Bill payment system, Rajendra Kumar said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Liquor makers seek home delivery of booze after long queues outside alcohol shops in Delhi

Everyone above 18 years eligible for COVID-19 vaccine from May 1: Govt

Encourage patients to get COVID-19 vaccine, educate people against rumours: PM to doctors

Kerala flood hero turns villain, booked in moral policing case

Coastal tourism circuit to be soon developed with the new CRZ plan

Former PM Manmohan Singh tests positive for COVID-19

Covid norms go for a toss as huge crowd gather at Kateel Temple




Related Articles More

Coastal tourism circuit to be soon developed with the new CRZ plan

Covid norms go for a toss as huge crowd gather at Kateel Temple

D V Sadananda Gowda asks urea makers to set up oxygen plants

PM Modi condoles lexicographer Venkatasubbaiah’s demise

Governor to preside over all-party meet to discuss COVID situation in K’taka

MUST WATCH

news bulletin 19- 4 -2021

Legendary kambala buffalo bolanathuru kati is no more

Shankar Shetty | Food Diet for Kambala Buffalo

You will be responsible for my death because of corona

Udayavani 18-April-2021 News Bulletin

Latest Additions

Liquor makers seek home delivery of booze after long queues outside alcohol shops in Delhi

Everyone above 18 years eligible for COVID-19 vaccine from May 1: Govt

Encourage patients to get COVID-19 vaccine, educate people against rumours: PM to doctors

Kerala flood hero turns villain, booked in moral policing case

Coastal tourism circuit to be soon developed with the new CRZ plan

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.