The Tripura State Cooperative Bank (TSCB) held its Annual General Meeting last week at Agartala Town Hall in the presence of State Cooperation Minister Shuklacharan Noatia. The meeting showcased the bank’s remarkable financial and operational performance for the financial year 2024–25, alongside future plans for expansion and rural empowerment.
TSCB reported a total business of Rs 6,661.81 crore, comprising deposits worth Rs 3,932.41 crore and advances of Rs 2,729.40 crore. The bank achieved a net profit of Rs 36.56 crore, while maintaining a robust Capital to Risk-Weighted Assets Ratio (CRAR) of 25.25%, demonstrating its financial strength.
Notably, the bank’s Credit-Deposit (CD) Ratio stands at 69.41%, which is 19.41% higher than the state average of 50%.
Commending the bank’s achievements, Minister Noatia remarked, “The Tripura State Cooperative Bank will play a leading role in realising the dream of inclusive financial access in our state.”
To enhance accessibility, TSCB has developed a widespread infrastructure comprising 66 branches, 12 ATMs, and 160 Business Correspondent (BC) Points equipped with micro-ATMs, especially targeting rural and remote regions.
The bank has also supported 268 cooperative societies, including 56 LAMPS (Large-Sized Adivasi Multi-Purpose Societies) and 212 PACS (Primary Agricultural Credit Societies), strengthening the cooperative network across Tripura.
During the AGM, Minister Noatia inaugurated the POS Device and TSCB RuPay Platinum Card, signalling the bank’s commitment to adopting modern banking technologies. To support these advancements and infrastructure expansion, 154 new employees were recently recruited.
TSCB has actively implemented key central government schemes such as PMJBY, PMEGP, Swabalamban, MUDRA, and programs for Self-Help Groups (SHGs). Through Direct Benefit Transfers (DBT), the bank ensured timely delivery of welfare schemes and subsidies.
Farmers have greatly benefited from RuPay Kisan Credit Cards (KCCs) and tech-enabled services like eKYC, CKYC, AePS, Digital Dashboards, and Positive Pay Systems, transforming TSCB into a modern, tech-driven cooperative institution.
Looking forward, TSCB aims to expand its digital banking services, boost agricultural lending, and provide interest subvention on crop loans, reaffirming its commitment to empowering farmers and advancing cooperative development in Tripura.
As part of its social responsibility, the bank also handed over a cheque of Rs 15 lakh to the Chief Minister’s Relief Fund during the occasion. The meeting was also graced by TSCB Chairman Nagadhiraj Dutta, NABARD State General Manager Anil S. Katmari, and Managing Director Bhajan Chandra Roy, among other dignitaries.
