Andhra Pradesh’s Rajamahendravaram-based Aryapuram Co-operative Urban Bank has recorded a notable financial and operational turnaround, reflecting improved performance and stronger financial discipline. Established in 1918, the 108-year-old institution has undertaken a series of corrective and development measures with the continued support of its depositors, shareholders, and employees.
During the review period from 23 July 2024 to 31 December 2025, the Bank’s total deposits increased from Rs 678.41 crore to Rs 696.57 crore, registering a growth of Rs 18.16 crore. Loans and advances rose sharply from Rs 403.04 crore to Rs 537.32 crore, reflecting an increase of Rs 134.28 crore.
The Bank achieved a significant improvement in asset quality. Gross NPAs declined from Rs 90.44 crore (22.45%) to Rs 26.08 crore (4.85%), while Net NPA was reduced from Rs 46.01 crore (12.48%) to nil, marking a major financial turnaround.
For the financial year 2024–25, the Bank approved a 12 per cent dividend for its members, underscoring improved financial stability.
On the technology front, the Bank has implemented a cloud-based data centre and disaster recovery centre and has begun issuing RuPay debit cards. Efforts are currently underway to introduce mobile banking and UPI payment facilities, including platforms such as PhonePe and Google Pay, to further enhance customer convenience.