Hyderabad based Citizen Co-operative Society Ltd. has reported a strong financial performance for FY 2025–26, crossing a total business of Rs 5,138.71 crore as on March 31, 2026, with net profit rising to Rs 94.98 crore.
The Society recorded steady growth across key financial indicators during the year. Reserves increased from Rs 385.52 crore in FY25 to Rs 455.23 crore in FY26. Deposits rose from Rs 2,277.67 crore to Rs 2,689.08 crore, while advances expanded from Rs 2,112.54 crore to Rs 2,469.63 crore. Overall business grew from Rs 4,390.21 crore to Rs 5,138.71 crore, reflecting sustained expansion and improved operational performance.
Established in 1997 and converted into a Multi-State Co-operative Society in 2005, the institution now operates across Telangana, Andhra Pradesh, Karnataka, Maharashtra, Odisha and Puducherry. It runs a network of 44 branches and serves over 1.08 lakh members, offering financial services primarily to shareholder members.
The Society provides loans against gold ornaments, mortgage-backed lending and other credit facilities, maintaining a focus on secured lending practices. It has remained profitable since inception and continues to distribute dividends to its members.
To align with evolving banking needs, the Society is implementing a Core Banking System (CBS) to enable anywhere banking services. All branches are fully computerized and equipped with essential infrastructure, including safe deposit lockers and strong rooms.
The management is overseen by an 11-member Board of Directors elected for the 2025–2030 term. The Board comprises professionals from banking, finance and related sectors. The Society is led by Managing Director N. Narendrakumar, a former Deputy General Manager of Andhra Bank.
Apart from financial growth, the Society emphasizes member welfare, offering insurance benefits and financial assistance to families of deceased members. It also recognizes academic excellence among members’ children. With around 300 employees, the Society provides staff benefits and regular training programs to enhance performance.
The Society has received the Excellence Award from NAFCUB and holds ISO 9001:2015 certification, reflecting its commitment to quality and governance.
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