2 weeks ago

Shree Warana Sahakari Bank Deposits Reach Rs 1,033 Crore

Shree Warana Sahakari Bank Deposits Reach Rs 1,033 Crore
Shree Warana Sahakari Bank Deposits Reach Rs 1,033 Crore, Total Business At Rs 1,699 Crore · freepressjournal.in

There is a bank called Shree Warana Sahakari Bank in a place called Kolhapur.

It helps people save their money and gives them loans.

The people who run the bank had a big meeting called the Annual General Meeting.

They talked about how well the bank is doing and what it plans to do next.

The money people saved in the bank has grown to Rs 1,033 crore.

The bank's total business reached Rs 1,699 crore.

Very few loans are not being paid back, which is a good sign.

The bank helps its customers use helpful government schemes.

Some schemes help people put solar panels on their houses, and another helps street vendors borrow money.

The bank will keep working to help its customers in the future.

Key facts

Deposits
Rs 1,033.35 crore
Total business
Rs 1,699.14 crore
Total advances
Rs 665.78 crore
Net non-performing assets
2.86%
Capital adequacy ratio
14.63%
Number of branches
40, including an extension counter
Classification
Tier 3, after maintaining deposits above Rs 1,000 crore for two years
Audit rating
'A' rating; data centre in Kolhapur with disaster recovery site in Ahilyanagar

Sources

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