Haridwar District Cooperative Bank organized its AGMS for the two years 2020 & 2021 at the same time. The bank earned a profit of Rs 1.60 crore and Rs 2.08 crore in the 2019-20 and 2020-21 financial years respectively.
Besides, the share capital of the bank increased from Rs 15.88 crore to Rs 19.36 crore in the 2020-21 FY. In comparison to 2019-20, the bank has performed well on almost all the financial parameters in the 2020-21 FY.
Addressing the meeting, the bank Chairman Pradeep Kumar presented the balance sheet of the bank for the financial years 2019-20 and 2020-21, the comparative progress figures of the previous year, the budget for the coming year, and the upcoming development program.
On the occasion, he said our bank is committed to catering to the needs of farmers in all the best possible ways. We stand with farmers and other communities, said Kumar who is also on the board of NCUI.
The Local MLA Deshraj, the bank’s Vice President Rajendra Singh, Sushil Rathi, and others were present.
