The Kota (Rajasthan) District Central Cooperative Bank organized its 97th Annual General Meeting last week, where it was announced that the bank earned a net profit of Rs 6.13 crore in the 2022-23 FY.
On this occasion, the bank Managing Director Balvinder Singh Gill presented the agenda before the delegates, which was unanimously passed by the delegates.
He said, “The bank which had been in the red for many years, is now earning a good profit year after year. The Net NPA of the bank remains ‘Zero’ whereas the Gross NPA comes at less than 2 percent”.
In the meeting, representatives from more than 200 cooperative societies were present.