Tamil Nadu-based Repatriates Cooperative Finance and Development Bank Ltd. (Repco Bank) has delivered an impressive performance in FY 2025-26, achieving a business mix of Rs 25,246 crore, registering a growth of 19.39 percent over the previous year’s business volume of Rs 21,146 crore.
According to unaudited figures available with Indian Cooperative, the bank’s advances stood at Rs 13,194 crore, while deposits reached Rs 12,052 crore during the financial year ended March 31, 2026.
Repco Bank also reported a significant improvement in asset quality. Its Gross Non-Performing Assets (GNPA) declined sharply from around 8.5 percent as on March 31, 2024, to approximately 4.5 percent as on March 31, 2026. Similarly, Net NPA came down from nearly 4 percent to 1.25 percent during the same period.
The bank posted a net profit of Rs 160 crore for FY 2025-26, reflecting robust operational performance and prudent financial management.
Speaking to Indian Cooperative, Repco Bank Managing Director O.M. Gokul said, “We have performed exceptionally well across all key parameters during FY 2025-26. Building on this momentum, we have set a target of achieving a business mix of Rs 31,000 crore by the end of the current financial year.”
Apart from its financial achievements, the bank continued to strengthen its social commitment through the Repatriates Welfare Trust. During FY 2025-26, more than 70,000 repatriate members benefited from welfare initiatives worth around Rs 25 crore.
The welfare measures included free life insurance coverage, educational assistance, medical aid, scholarships for higher education, and support to economically weaker families through the distribution of tea-plucking machines, sewing machines, education kits, water purifiers, water tanks, mini-buses and street lights.
Repco Bank currently serves nearly five lakh member-customers through a network of 108 branches spread across Tamil Nadu, Puducherry, Kerala, Andhra Pradesh, Telangana and Karnataka, and is planning to open ten more branches. The bank has submitted a proposal to the Central Registrar of Cooperative Societies (CRCS) office and is awaiting approval. The bank employs over 1,000 personnel.
Operating under the administrative control of the Ministry of Home Affairs (MHA), Government of India, Repco Bank remains a unique institution in the cooperative banking landscape. The Central Government holds a 50.08 percent stake in the bank.
It may be recalled that last year the bank handed over a dividend cheque of Rs 22.90 crore to Union Home Minister and Minister of Cooperation Amit Shah during a ceremony held in New Delhi.
Despite being registered as a cooperative society, Repco Bank has maintained a remarkable track record of profitability and uninterrupted dividend payments for more than three decades, reinforcing its position as one of the country’s most successful cooperative financial institutions.