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Home Co-op News Snippets

Samata Co-op Credit shows growth across key parameters

Amit Awana by Amit Awana
April 1, 2025
in Co-op News Snippets
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Maharashtra-based Samata Co-operative Credit Society has announced its financial status as of March 31, 2025, highlighting strong growth across key financial parameters.

The society’s total deposits have reached Rs 1,035 crore, while total investments stand at Rs 270 crore. The total loan portfolio is valued at Rs 786 crore, with the gold loan segment accounting for Rs 500 crore, making up 65% of total lending.

Chairman Omprakash Dadappa alias Kaka Koyate emphasized that the society’s gold loan portfolio remains fully secured, with zero NPAs. He stated, “Our organization has strategically structured the gold loan segment to ensure zero risk, making it a highly secure and efficient lending option. With strong liquidity and minimal defaults, gold loans continue to be a pillar of our financial strength.”

In an effort to broaden investment options, Samata Co-operative Credit Society is set to introduce a Systematic Investment Plan (SIP). Unlike traditional mutual funds, where returns depend on market fluctuations, the society’s SIP will offer assured returns to investors, providing a stable and secure investment avenue.

 The society has extended its gratitude to members, depositors, borrowers, and well-wishers for their continued trust and support. Chairman Koyate, along with the Board of Directors and employees, has also expressed appreciation to all stakeholders for their confidence in the society.

With its motto “No tension, assured returns”, Samata Co-operative Credit Society remains committed to strengthening its financial position and serving its customers with innovative and secure financial solutions.

Tags: BreakingcooperativeOmprakash DadappaSamata Cooperative Credit Society
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