Madhya Pradesh based Vyaparik Audyogik Sahakari Bank organized its Annual General Meeting last week, in which it was revealed that the bank earned a profit of Rs 1.31 crore in the 2020-21 FY.
Besides, the bank has also decided to give a 25 percent dividend to its shareholders for the 2020-21 FY. The announcement was made by the bank Chairman Sukumal Sethi during the meeting.
The working capital of the bank increased from Rs 64 crore to Rs 70 crore. The NPA of the bank was zero percent as on 31 March 2021, which shows the good health of the bank, said Sethi while addressing the meeting.
