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

Pimpri Chinchwad Sah Bank registers growth, Zero NPA

Staff Reporter by Staff Reporter
April 3, 2026
in Co-op News Snippets
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Pimpri Chinchwad Sahakari Bank Maryadit has reported a steady and encouraging financial performance for the year ended March 31, 2026, reflecting balanced growth and sound asset quality.

The bank’s total business reached Rs 226.69 crore, supported by deposits of Rs 140.25 crore and loans & advances of Rs 86.43 crore. Deposit growth remained healthy, with demand deposits at Rs 43.64 crore and time deposits at Rs 96.60 crore, indicating strong customer confidence.

On the profitability front, the bank posted a net profit of Rs 1.16 crore while maintaining financial stability. Reserves and funds stood at Rs 29.54 crore, with share capital at Rs 6.02 crore, strengthening its capital base.

Asset quality remained under control, with gross NPA at 8.32%, while net NPA stood at zero, highlighting effective recovery and provisioning practices. The bank also reported a comfortable CRAR of 25.83% and a CD ratio of 61.63%.

The performance reflects prudent management and sustained growth under the leadership of senior cooperative leader Shirish Deshpande.

Tags: BreakingcooperativePimpri Chinchwad Sahakari BankShirish Deshpande
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