Pune People’s Co-operative Bank has successfully crossed the Rs 2,700 crore business milestone at the end of the financial year 2024-25.
The bank, which has been operating for 73 years with 21 branches and an extension counter, continues to thrive with its core principles of security, transparency, and customer-centric service.
As per the latest financial report, the bank’s total deposits have reached Rs 1,633.47 crore, while loans and advances stand at Rs 1,073.21 crore.
Notably, the bank has maintained a 0% Net NPA, a Credit-Deposit Ratio (CD Ratio) of 65.70%, and has achieved a gross profit of Rs 23.90 crore.
Additionally, the bank has declared a 12.5% dividend for its shareholders, as announced by Chairman CA Janardan Randive.
The bank has embraced modern digital banking services, offering UPI, IMPS, Mobile Banking App, Rupay ATM, QR Code, and NACH, along with cloud-based data security systems to enhance customer experience.
Furthermore, the Reserve Bank of India (RBI) has granted approval for the bank to open new branches in Baramati and Waluj (Chhatrapati Sambhajinagar), which will be operational soon, as stated by Board of Management Chairman Adv. Subhash Mohite.
With a strong financial foundation and expansion plans, Pune People’s Co-op Bank continues to strengthen its position as a trusted and growing financial institution.
