Demonstrating resilience and steady financial discipline, Solapur Janata Sahakari Bank has delivered a commendable performance for the financial year ending March 31, 2026 (unaudited), successfully crossing the significant milestone of Rs 3,000 crore in total business.
The bank’s total business rose to Rs 3,006.61 crore, up from Rs 2,978.14 crore in FY25.
On the deposits front, the bank maintained a strong base with Rs 1,896.21 crore, while its lending portfolio expanded to Rs 1,110.40 crore, indicating a healthy credit push. The Credit-Deposit (CD) ratio also improved to 58.56%, showcasing better fund utilization.
Profitability remained stable, with net profit increasing to Rs 24.94 crore, compared to Rs 24.36 crore in the previous year. The bank also strengthened its capital position, with net worth rising significantly to Rs 206.48 crore.
A major highlight of the performance is the sharp improvement in asset quality. Gross NPAs reduced drastically from Rs 89.29 crore (8.31%) to Rs 37.25 crore (3.35%), while Net NPA dropped to zero, reflecting strong recovery efforts and prudent risk management.
The bank’s share capital also saw a marginal rise to Rs 72.75 crore, further reinforcing its financial stability.
