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Home Co-op News Snippets

Gujarat’s Kheti Bank earns robust profits, Kotecha upbeat

Rohit Gupta by Rohit Gupta
April 3, 2025
in Co-op News Snippets
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One of Gujarat’s renowned SCARDBs, popularly known as Kheti Bank, has reported a remarkable financial performance for the fiscal year ending March 31, 2025.

The bank achieved a gross profit of Rs 103.10 crore and a net profit of Rs 72.05 crore, a testament to its robust financial strategies amidst the ongoing challenges faced by many SCARDBs across India.

Chairman Dolar Kotecha attributed the bank’s success to its unwavering commitment to Gujarat’s farming community and strong financial discipline. “Our profits reflect the prosperity of our farmers and rural communities. For three years, we’ve demonstrated that serving agriculture and achieving financial excellence go hand in hand,” Kotecha stated.

Aligned with the guiding philosophy of “Sahkar Se Samriddhi,” promoted by Honorable Prime Minister Shri Narendra Modi and Union Home Minister  Amit Shah, Kheti Bank continues to focus on the development and welfare of Gujarat’s farmers and rural population.

 Looking ahead, the bank plans to reinvest its profits into expanding loan programs, lowering interest rates for farmers, and enhancing digital banking services throughout the state, further empowering Gujarat’s agricultural sector.

Tags: cooperativeDollar KotechagujaratSahakar Se Samriddhi
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