Telangana State Cooperative Apex Bank Ltd. (TGCAB) has demonstrated robust financial performance in the fiscal year 2024–25, as the bank’s net profit before tax surged by over 63%, rising from Rs 70.95 crore in FY 2023–24 to Rs 115.36 crore in FY 2024–25.
TSCAB’s loans and advances portfolio grew from Rs 12,974.77 crore to Rs 16,975.69 crore, marking a substantial 31% increase in its credit disbursement activity. Simultaneously, its total business turnover jumped to Rs 24,971.95 crore, up from Rs 20,955.51 crore in FY 2023–24, showcasing the bank’s expanding outreach and customer base.
On the deposits front, the bank-maintained stability with a marginal rise from Rs 7,980.74 crore to Rs 7,996.26 crore. However, borrowings grew significantly from Rs 8,888.35 crore to Rs 12,289.46 crore, indicating strategic fund mobilization to support loan expansion.
One of the most notable achievements was the bank’s continued excellence in asset quality. Gross NPAs remained remarkably low, inching slightly up from Rs 9.90 crore to Rs 10.75 crore, with the Gross NPA ratio improving to just 0.06%, further strengthening stakeholder confidence. The bank maintained zero Net NPAs for yet another year.
The Capital to Risk-weighted Assets Ratio (CRAR) stood strong at 10.15%, comfortably above the regulatory requirement, though marginally lower than the previous year’s 10.18%.
The bank also strengthened its capital base, as own funds rose from Rs 1,263.42 crore to Rs 1,624.04 crore, and net worth improved from Rs 1,243.38 crore to Rs 1,358.26 crore. The paid-up share capital increased from Rs 379.72 crore to Rs 412.10 crore, supported by stronger member participation and institutional backing.
TSCAB’s gold loan portfolio also witnessed a sharp rise, growing from Rs 1,070.43 crore to Rs 1,498.76 crore, reflecting the bank’s growing presence in the retail lending segment.
While the CASA ratio slightly dipped from 14.88% to 13.64%, and the CD ratio climbed steeply from 162.58% to 212.30%, these figures are seen as part of the bank’s strategic lending push and business expansion plans.
With consistent profitability, healthy asset quality, and increasing reach, Telangana State Cooperative Apex Bank continues to solidify its position as a leading cooperative banking institution in India, setting a benchmark for performance-driven cooperative finance.
Commandable growth and progress in cooperative sector in the country.
Another raising star in the Agricultural financial lending sector in the state of Telangana.
The efforts of the staff and management are highly appreciable. Keep it up