The West Bengal State Co-operative Bank has reported a strong financial performance for the financial year ended March 31, 2026, with its total business reaching Rs 27,696.96 crore, comprising deposits of Rs 15,892.27 crore and advances of Rs 11,804.69 crore.
The bank continued its growth trajectory during the year and posted a net profit of Rs 260.04 crore.
The bank’s profitability remained robust, with Business Profit rising to Rs 422.51 crore in FY26 from Rs 368.98 crore in the previous year. Profit After Tax (PAT) increased steadily to Rs 260.04 crore, compared to Rs 224.14 crore in FY25 and Rs 186.82 crore in FY24, underlining a consistent improvement in earnings over the last three years.
The bank also contributed Rs 94.66 crore to the exchequer by way of taxes during the year.
The financial performance was supported by a significant expansion in resources. Working funds witnessed a sharp increase of over Rs 10,315 crore, rising from Rs 25,854.97 crore to Rs 36,170.63 crore.
At the same time, Capital Funds strengthened to Rs 1,454.56 crore, up from Rs 1,219.56 crore a year earlier, enhancing the bank’s capital base and capacity to support future growth.
Operational efficiency also improved during the year. The bank succeeded in reducing its Management Cost from 0.34 per cent in FY25 to 0.25 per cent in FY26, reflecting effective cost management and improved productivity.
On the asset quality front, the bank maintained a healthy performance. Gross NPA declined marginally to 4.68 per cent from 4.70 per cent in the previous year, while Net NPA improved further to 0.78 per cent from 0.80 per cent.
The bank strengthened its provisioning coverage, with provisions against stressed assets increasing to Rs 464.46 crore, demonstrating a prudent and conservative approach to risk management.
The bank continued to maintain a strong capital position, reporting a Capital to Risk-Weighted Assets Ratio (CRAR) of 27.27 per cent, well above the regulatory requirement. It also retained its ‘A’ Audit Rating, reflecting sound governance and financial discipline.
The latest financial results highlight the West Bengal State Cooperative Bank’s sustained growth, improving profitability, strong capitalisation, and stable asset quality, further consolidating its position among the leading state cooperative banks in the country.
