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Friday, April 3, 2026
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Home Co-op News Snippets

Nagpur Nagrik Sah Bank’s Profit doubles, NPAs under control

Parasnath by Parasnath
April 3, 2026
in Co-op News Snippets
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Nagpur Nagrik Sahakari Bank has reported a robust financial performance for FY 2025–26, highlighting strong growth across key parameters and continued financial discipline.

The bank’s total deposits rose sharply to Rs 2,532.73 crore from Rs 2,075.36 crore in the previous year, reflecting growing customer trust. CASA deposits increased to Rs 777 crore, while term deposits stood at Rs 1,755.73 crore. Loans and advances also expanded to Rs 1,622.80 crore, underlining the bank’s active credit support to the economy.

Notably, the bank’s net profit nearly doubled to Rs 30.10 crore, compared to Rs 16.54 crore in FY 2024–25. Asset quality showed marked improvement, with gross NPA declining to 3.91% from 4.96%, while net NPA remained at zero for the third consecutive year.

The bank also strengthened its footprint with new branches in Vanadongri, Hazaripahad, Beltarodi, Jaitala, Kharbi, Arni, and Mandhal. On the strategic front, it completed the merger of Mehkar Urban Co-operative Bank and has submitted a proposal to RBI for the merger of Ganraj Nagrik Sahakari Bank, Beed.

With the launch of IMPS and UPI-enabled mobile banking, the bank is further enhancing customer convenience and digital reach.

Tags: Breakingcooperativefinancial disciplineNagpur Nagarik Sahakari Bank
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