Telangana’s leading urban cooperative bank- Gayatri Co-operative Urban Bank, Jagtial, has reported an impressive 25% growth in its overall business for the financial year ending March 31, 2025.
The bank has achieved a major milestone by surpassing a business mix of over Rs 3,000 crore, solidifying its position as the largest urban cooperative bank in Telangana. It has overtaken AP Mahesh Urban Cooperative Bank in terms of overall business mix for FY 2024–25. According to figures available with Indian Cooperative, AP Mahesh Urban Co-op Bank’s business mix stood at Rs 2,681 crore as on 31st March 2025.
According to the recently released performance highlights, the bank’s total business — comprising deposits and advances — rose from Rs 2,526.72 crores in FY 2023–24 to Rs 3,150.5 crores in FY 2024–25.
This represents a robust growth of Rs 623.78 crores, or 24.69% year-on-year. The surge was primarily driven by a 28.79% increase in loans and advances, which reached Rs 1,353.32 crores, and a 21.76% rise in deposits, which grew to Rs 1,797.18 crores.
Commenting on the performance, Vanamala Srinivas, CEO of the bank, said, “This has been a landmark year for us. The growth in business, combined with robust profitability and strong customer trust, positions us well for the future. We remain committed to expanding our reach, strengthening our services, and continuing our digital transformation journey.”
He further added, “We currently operate 62 branches across Telangana and Andhra Pradesh. We’ve received approval to open 15 new branches in the current financial year — 5 in Andhra Pradesh and 10 in Telangana. We are confident of achieving a business mix of Rs 4,000 crores within the same year.”
The bank is also gearing up to celebrate a significant milestone — its 25th anniversary — on September 11, 2025, which will be commemorated in a grand way at its head office in Jagtial.
Other financial indicators also reflected strong momentum. The bank’s balance sheet size expanded to Rs 2,017.41 crores — a 21.13% growth over the previous year.
Earning assets grew by 24.54%, highlighting the bank’s efficiency in managing income-generating resources. Additionally, term deposits rose by 22.08%, while gold loans witnessed a significant 46.07% increase, indicating growing customer trust in secured loan offerings.
Despite this growth, the bank maintained sound asset quality, with Gross NPAs held at just 1.5%, reflecting prudent credit management. Profitability also improved, with net profit rising to Rs 26.07 crores, a 16.17% increase compared to the previous year.
With consistent financial growth, a strong governance framework, and a customer-first approach, The Gayatri Co-op Urban Bank Ltd. is poised for even greater success in the years to come.
