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Friday, April 3, 2026
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Home Co-op News Snippets

Sree Thyagaraja Co-op Bank business crosses Rs 1,155 Cr

Parasnath by Parasnath
April 3, 2026
in Co-op News Snippets
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Karnataka based Sree Thyagaraja Co-operative Bank Limited has posted a steady financial performance for the year ended March 31, 2026, reinforcing its position as a financially sound and well-managed institution.

The bank’s total business reached Rs 1,155.50 crore, supported by deposits of Rs 704.25 crore and loans of Rs 451.27 crore, reflecting balanced growth in core banking operations. The bank reported a net profit of Rs 3.98 crore, maintaining consistent profitability.

Asset quality remained strong, with gross NPA at 3.18% and net NPA at zero, highlighting effective risk management and recovery mechanisms. The bank’s own funds stood at Rs 130 crore, providing a solid capital base for future expansion.

With a total turnover of Rs 6,407.60 crore, the bank continues to demonstrate operational strength. Recognized as a Financially Sound and Well-Managed (FSWM) bank, it operates through 1 administrative office and 14 branches.

The performance underscores the bank’s focus on stability, prudent lending, and sustained customer trust in a competitive cooperative banking landscape.

Tags: BreakingCapital BasecooperativedepositsSree Thyagaraja Co-operative Bank
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