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Home Co-op News Snippets

Gayatri Co-op Urban Bank crosses business mix of Rs 3,000cr

Amit Awana by Amit Awana
December 22, 2024
in Co-op News Snippets
0
Gayatri Co-op Urban Bank crosses business mix of Rs 3,000cr
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Telangana’s largest urban cooperative bank- Gayatri Cooperative Urban Bank, has achieved a significant milestone by crossing a business mix of over Rs 3,000 crore as of November 30, 2024.

The bank’s deposits stood at Rs 1,703 crore, while loans accounted for Rs 1,307 crore, bringing the total business to Rs 3,011 crore.

Sharing the achievement with Indian Cooperative, CEO Vanamala Srinivas stated, “We have crossed a Rs 3,011.17 crore business mix, achieving Rs 100 crore growth in just 30 days,” she said.

Established in 2000, the bank has consistently demonstrated robust growth. From an initial share capital of Rs 25.11 lakh, its capital has now expanded to Rs 66.12 crore, reflecting its sustained commitment to progress and service excellence.

Tags: BreakingcooperativeGayatri Cooperative Urban BanktelanganaVanamala Srinivas
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