The Maharashtra State Cooperative Bank (MSCB) has declared a 10% dividend for the 12th consecutive year, backed by a strong financial performance during 2025-26.
The announcement was made at the bank’s 115th Annual General Meeting held at its head office in Mumbai. Maharashtra Cooperation Minister Babasaheb Patil, Pravin Darekar, MLC Sanjay Bhende, MLA Abhijit Patil, former MLA Rajesh Tope, former MP Anandrao Adsul and Pune District Central Cooperative Bank Chairman Digambar Durgade were among those present.
Addressing the AGM, Cooperation Minister Patil expressed satisfaction over the bank’s financial progress and congratulated Administrator Vidyadhar Anaskar and the employees. He also praised the modern Cyber Security Operations Centre established by MSCB at its Vashi administrative office for cooperative banks and urged more district central cooperative banks and urban cooperative banks to come on board.
Presenting the bank’s financial performance, Anaskar said MSCB’s net worth reached Rs 15,747 crore as of March 31, 2026, registering an increase of Rs 351 crore over the previous year. The bank said this was the highest net worth among cooperative banks in the country.
MSCB recorded a net profit of Rs 702 crore during 2025-26, compared with Rs 651 crore in the previous year. The bank clarified that the latest profit does not include any amount received from the government against pending guarantee-related payments.
Its loan portfolio stood at Rs 36,240 crore, an increase of Rs 652 crore, while deposits reached Rs 20,009 crore. Total business stood at Rs 56,249 crore.
The bank maintained a CRAR of 18.50%, well above the regulatory minimum of 9%, while its credit-deposit ratio stood at 79%. Its net NPA was contained at 1.64%, with a provisioning coverage ratio of 82%.
MSCB has also secured an ‘A’ audit classification for 14 consecutive years.
In another significant milestone, the bank received ISO 27001:2022 international information security certification for the first time. The bank said the certification reflects its efforts to strengthen security infrastructure while modernising its operations.
The AGM approved the proposed 10% dividend and passed a resolution congratulating the administration for the bank’s financial performance.
