TSCAB claims to have the lowest-performing NPA

Telangana Today reports the Telangana State Cooperative Apex Bank (TSCAB) has distinguished itself by using IT, good governance and HR practices.

The bank’s managing director Dr N Muralidhar said this while addressing cooperative functionaries in Karimnagar on Saturday.

TSCAB has set a business target of Rs 15,000 crore for the 2021-22 financial year.

TSCAB is the only bank in the country with the lowest-performing NPA (non-performing assets) of only 0.17 percent and a recovery rate of 98 per cent.

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