In a significant achievement for FY 2024–25, Telangana based Adarsh Cooperative Urban Bank has reported robust growth across all key financial indicators. The total business reached Rs 1,268.95 crore, marking a substantial rise from Rs 1,030.01 crore in the previous year.
The bank is aiming to secure the top three position among urban cooperative banks in Telangana in terms of business mix in the coming months. For FY 2024–25, the Board of Directors has recommended a dividend of 18% on the paid-up capital.
The bank’s deposits stood at Rs 698.54 crore, while advances reached Rs 571.34 crore, reflecting growing customer confidence and an expanding credit portfolio. Working capital rose to Rs 785.80 crore from Rs 672.50 crore in the previous year.
On the profitability front, the bank posted a net profit of Rs 10.35 crore and a profit before tax of Rs 13.63 crore. Although slightly lower than the previous year’s Rs 12.47 crore net profit, the performance remains commendable amid sectoral challenges.
During the year, the bank successfully opened ten (10) new branches, expanding its total branch network to thirty-four (34) as of March 31, 2025. These new branches are located in Narayankhed, Bowenpally, Thukkuguda, Malkajgiri, Kushaiguda, Siddipet, Kothur, Sadashivpet, Zaheerabad, and Badangpet. Additionally, two more branches, at Medak and Vanasthalipuram, were inaugurated in May 2025.
As part of its Annual Business Plan for FY 2025–26, the bank has submitted and received approval to open ten more branches, which are proposed to be launched during the current financial year.
A major highlight of the year was the complete elimination of gross and net NPAs, a rare accomplishment in the cooperative banking sector. The Provision Coverage Ratio (PCR) improved to 102%, and the Credit-Deposit Ratio increased to 75%, up from 68% in FY 2023–24.
The bank’s own funds increased to Rs 76.86 crore, while share capital grew to Rs 36.14 crore. Total assets rose to Rs 805.29 crore, up from Rs 687.03 crore in the previous year.
With a growing workforce of 255 employees, the bank reported Rs 498 crore business per employee and Rs 0.40 crore (Rs 40.6 lakh) net profit per employee, reflecting strong operational efficiency and optimal resource utilization. The Capital Adequacy Ratio stood at 13.94%, well above the regulatory requirement.
The bank is headed by Madan Gopal Swamy, who is on the board of Nafcub.