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Home Co-op News Snippets

Sharad Sah Bank achieves turnover of Rs 3,124 crores

Rohit Gupta by Rohit Gupta
April 4, 2025
in Co-op News Snippets
0
Sharad Sah Bank achieves turnover of Rs 3,124 crores
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Pune-based Sharad Sahakari Bank Ltd, Manchar, has demonstrated remarkable financial growth, achieving a total business turnover of Rs 3,124.28 crore as of March 31, 2025.

The bank, which has garnered strong trust and support from its customers and well-wishers, has reported a net profit of Rs 17.19 crore with zero net NPA (Non-Performing Assets).

According to the financial statement, the bank’s total deposits stand at Rs 1,866.15 crore, while total loans and advances amount to Rs 1,258.13 crore.

The bank, which is headed by Devender Shah, has successfully maintained its asset quality, reflecting its prudent financial management and customer-centric approach.

Shah expressed gratitude to shareholders, depositors, borrowers, and well-wishers for their continued support in achieving this milestone.

It is worth noting that our Chief Editor, Mr. Ajay Jha, recently visited their head office in Manchar and was impressed with the efficiency and professionalism of their operations.

Tags: Breakingcooperativedepositsloans customer centric approachSharad Sahakari Bank
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