Maharashtra based credit cooperative- Dnyandeep Co-operative Credit Society, headed by Jijaba Pawar, has showcased exceptional performance for the financial year ending March 31, 2025, crossing a business mix of over Rs 6,500 crore and recording a gross profit of Rs 83.47 crore.
According to the society’s recently released Comparative Progressive Report 2024–25, Dnyandeep achieved a remarkable mixed business turnover of Rs 6,557.28 crore, highlighting its robust operational outreach and consistent growth trajectory.
Adding to its strong financial performance, the society posted a gross profit of Rs 83.47 crore, reflecting strong earnings and effective cost management.
The report further outlined deposits totaling Rs 3,669.46 crore and loans & advances of Rs 2,887.82 crore. The credit-deposit (C-D) ratio stood at a healthy 69.27%. Its Capital to Risk Weighted Assets Ratio (CRAR) was a solid 18.01%, demonstrating financial stability and adherence to regulatory norms.
Dnyandeep also displayed outstanding credit discipline, with loan overdues at just 3.63%, gross NPA at 5.47%, and net NPA at an impressive 0.00%, underscoring its excellent recovery rate and risk management capabilities.
With an investment portfolio of Rs 1,318.06 crore and a commitment to responsible banking, Dnyandeep Co-operative Credit Society continues to set industry benchmarks—combining financial strength with social responsibility.
Established on 2nd September 1978 under the Maharashtra Co-operative Societies Act, 1960, the society was founded by Vishwanath Govindrao Pawar with 300 members and a share capital of Rs 13,000, aiming to support people during times of financial crisis.
It bears recalling that recently, Jijaba Pawar, Chairman of Dnyandeep Co-operative Credit Society Ltd., Mumbai, was appointed as a member of the Maharashtra State Cooperative Regulatory Board.