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Home Co-op News Snippets

Shri Beereshwar Co-op achieves business of Rs 8K crore

Minakshi by Minakshi
August 11, 2025
in Co-op News Snippets
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Karnataka’s Belgaum-based Shri Beereshwar Co-operative Credit Society has crossed the deposits figure of Rs 4,500 crore as on 31st July 2025 and achieved a business mix of Rs 8,014 crore.

Operating across Karnataka, Maharashtra, and Goa with 226 branches, the Society has built a membership base of 4,19,405.

The Society’s share capital stood at Rs 35.53 crore, while reserves and other funds reached Rs 237 crore. Deposits totaled Rs 4,532 crore, and loans and advances stood at Rs 3,482 crore, enabling the Society to support a wide range of economic activities.

For the financial year ending March 31, 2025, Shri Beereshwar Co-op Credit Society posted a net profit of Rs 45.35 crore, underscoring its sound financial management.

To further benefit its members, the Society has introduced a special fixed deposit offer at 10% interest, with 10.5% for senior citizen widows, differently-abled individuals, and ex-servicemen. It is also offering the Beereshwar Cash Certificate Double Scheme with an 8-year tenure, valid until September 30, 2025.

Tags: BreakingcooperativekarnatakaShri Beereshwar Credit Cooperative
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