Maharashtra’s leading bank- Dombivli Nagari Sahakari (DNS) Bank has delivered a remarkable performance in the financial year 2024-25, achieving a Net NPA of 0.00%, a significant improvement from 1.39% in the previous year. The bank crossed a business mix of more than Rs 6300 crore and earned Rs 43.64 crore net profit.
According to the audited financial figures of the bank reads, “The bank’s Business Mix also witnessed healthy growth, rising from Rs 6145.88 crore to Rs 6365.02 crore”. Additionally, Net Profit nearly doubled, increasing from Rs 23.93 crore in FY 2023-24 to Rs 43.64 crore in FY 2024-25, reflecting strong operational efficiency and financial prudence.
The bank’s Chairman, Adv. Ganesh Vasant Dhargalkar, expressed his pride in the bank’s performance, stating, “It is a moment of great satisfaction to see DNS Bank achieving such remarkable financial strength and operational excellence. Crossing a business mix of over Rs 6300 crore and achieving a Net NPA of 0.00% reflects our team’s unwavering commitment to quality, trust, and service.
“Since taking charge in September 2021, I have witnessed the resilience and dedication of our members and staff. Our upcoming expansion into Indore, Ujjain, and Solapur marks another step towards fulfilling our mission of ‘Trust Beyond Banking.’ I sincerely thank our members, customers, and associates for their continued faith and support”, he added.
DNS Bank’s overall financial indicators demonstrate its robust management practices and commitment to excellence. Deposits grew steadily from Rs 3818.57 crore to Rs 4051.74 crore, while Advances remained resilient at Rs 2313.28 crore. The bank’s Gross NPA also saw a major improvement, dropping to 1.10% from 2.16% last year, signaling excellent asset quality and risk management.
The bank’s CRAR (Capital to Risk-Weighted Assets Ratio) strengthened to an impressive 16.88%, up from 15.57%, showcasing its strong capital position and sound financial foundation. DNS Bank attributed this outstanding performance to the continued trust and support of its valued members, customers, and cooperative associates.
Adding to the positive momentum, DNS Bank announced its upcoming expansion into Indore, Ujjain, and Solapur, where new branches will soon be launched to better serve customers and extend its cooperative legacy.
With a perfect blend of customer focus, financial discipline, and a vision for growth, DNS Bank is setting new benchmarks in the cooperative banking sector, remaining true to its mission of “Trust Beyond Banking.”
