Maharashtra-based Kallappanna Awade Ichalkaranji Janata Sahakari Bank popularly known as Kaijs Bank one of its branches in Ahmednagar district has been shifted to a new location.
The Vice-Chairman CA Chandrakant Chougule in the presence of several directors and officials of the bank inaugurated the branch on Monday.
The new branch is equipped with all the new facilities and in terms of rent it is very cheap in comparison to the existing branch, said Chougule to Indian Cooperative correspondent.
It bears recall that unaudited figures shared with Indian Cooperative read: Maharashtra-based Kaijs Bank earned a gross profit of Rs 40 crore in the 2021-22 FY. Earlier i.e. in 2020-21, it was Rs 36.64 crore.