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Home Co-op News Snippets

Bharat Co-op Bank Profit doubles to Rs 77.01 crore

Parasnath by Parasnath
July 3, 2026
in Co-op News Snippets
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Mumbai based Bharat Co-operative Bank Ltd. has crossed the Rs 20,000 crore total business milestone, with deposits and advances surpassing the mark as on June 30, 2026, marking a significant achievement in the bank’s growth journey.

During FY26, the bank’s total business rose to Rs 19,845.79 crore as of March 31, 2026, from Rs 18,492.03 crore a year earlier. Deposits increased to Rs 11,845.05 crore, while advances grew to Rs 8,000.74 crore.

The bank also reported a sharp improvement in profitability, with net profit more than doubling to Rs 77.01 crore in FY26 from Rs 36.05 crore in FY25.

On the asset quality front, Gross NPA improved to 6.29% from 6.53%, while Net NPA declined to 2.29% from 2.33%. The bank maintained a healthy Capital to Risk-weighted Assets Ratio (CRAR) of 14.17%.

The bank said its total business crossed Rs 20,000 crore as on June 30, 2026.

Tags: Bharat Cooperative BankBreakingcooperativeCRARmumbaiNPA
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