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

Shivkrupa Co-op Credit Society hits record growth

Staff Reporter by Staff Reporter
April 3, 2026
in Co-op News Snippets
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Mumbai based Shivkrupa Co-operative Credit Society has achieved a landmark performance in FY 2025–26, recording a historic business growth of Rs 809 crore and taking its total business to Rs 5,934 crore.

As of March 31, 2026, the society’s deposits stood at Rs 3,326 crore, while loans reached Rs 2,608 crore, reflecting strong and balanced expansion. The institution also reported a gross profit of Rs 63 crore, supported by disciplined lending, efficient recovery systems, and effective financial control. Its total own funds have grown to Rs 416 crore, strengthening its financial foundation.

Operating across Maharashtra, Shivkrupa has built a wide network of 102 branches, supported by regional and divisional offices, with a modern administrative headquarters in Rabale, Navi Mumbai.

Founder and Chairman Gorakh Chavan highlighted that the society continues to blend cooperative values with social responsibility, while Founder Vice-Chairman Chandrakant Vanjari praised its consistent performance across deposits, lending, and recovery.

With over 21 awards and a strong focus on training and service quality, Shivkrupa continues to set benchmarks in the cooperative credit sector.

Tags: BreakingCredit SectormumbaiShivkrupa Credit Cooperative Society
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