Dnyandeep Co-operative Credit Society, Mumbai celebrated a remarkable milestone by crossing a consolidated business of Rs 7,025 crore. The event was held at the Society’s head office in Vikhroli.
Presenting the progress report, Vice-Chairman Chandrakant Dhamal informed that during the current financial year, deposits increased by Rs 298 crore and advances by Rs 169 crore, taking total deposits to Rs 3,969 crore and loans outstanding to Rs 3,056 crore. He attributed this growth to innovative deposit and loan schemes, strong implementation, and the trust shown by members and depositors.
Founder Director Vishwanath Pawar praised employees, daily deposit representatives, and board members for their dedicated service, which helped achieve this milestone.
President Jijaba Pawar expressed pride that Gyandeep, started by youth from farming families, has become Maharashtra’s leading cooperative credit society. He emphasized strong loan recovery policies, effective governance, and training initiatives that kept NPAs at just 4.21%.
On the occasion, the Society also launched its iPhone Mobile App and IMPS services. Several directors, members, and dignitaries attended the event.
