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Home Co-op News Snippets

Dr. Prabhakar Kore Co-op nears Rs 3,000 Cr business

Amit Awana by Amit Awana
April 10, 2026
in Co-op News Snippets
0
Prabhakar Kore Co-op sets banking benchmarks in remote Karnataka
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Dr. Prabhakar Kore Co-op Credit Society Ltd. has delivered a stellar financial performance for the year ending March 31, 2026, reaffirming its growing dominance in the cooperative credit sector. Built on a strong foundation of trust and cooperation, the society continues to expand its footprint across states.

The membership base has crossed 1.31 lakh, highlighting rising public confidence. The society reported deposits of Rs 1,638 crore and loans of Rs 1,202 crore, maintaining a healthy credit balance. Its working capital reached Rs 1,809 crore, while total business turnover surged to an impressive Rs 23,361 crore, reflecting strong operational momentum.

Financial stability remains robust, with reserves and other funds at Rs 167 crore and investments touching Rs 720 crore. The institution posted a net profit of Rs 27.37 crore, underlining efficient management and sustainable growth.

With 61 branches across Karnataka and Maharashtra, the society is steadily widening its reach. Under the leadership of Dr. Prabhakar Kore, it is fast emerging as a powerhouse in India’s cooperative movement.

Tags: BreakingcooperativeCredit SectorPrabhakar Kore MSCSsociety
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