SVC Co-operative Bank, one of India’s prominent urban cooperative banks, has reported a strong and stable financial performance for the year ended March 31, 2026, highlighting its continued growth and resilience in a dynamic banking environment.
The Bank’s total business reached Rs 43,693 Crores, underlining its expanding presence and deepening customer relationships across markets. As per the audited financial results, deposits rose significantly to Rs 24,956 Crores from Rs 22,380 Crores in the previous year, reflecting sustained customer trust and a growing deposit base.
Advances also showed healthy growth, increasing to Rs 18,737 Crores from Rs 16,973 Crores, indicating the Bank’s active role in supporting credit demand and economic activity. The simultaneous rise in deposits and advances points to a well-balanced growth strategy.
The Bank reported a Net Profit of Rs 205 Crores for the financial year. The profit remains robust and demonstrates the Bank’s ability to maintain steady earnings amid evolving sectoral conditions. The performance reflects disciplined operations and a focus on long-term sustainability. On the asset quality front, Gross NPA stood at 2.69%, while Net NPA was at 0.96%.
The Bank continues to focus on prudent risk management and strengthening recovery mechanisms. Notably, the Capital Adequacy Ratio (CRAR) improved to 15.48%, reinforcing the Bank’s solid capital position and ability to support future growth.
Durgesh S. Chandavarkar, Chairman, SVC Bank, said “The Bank’s performance reflects the continued trust of our customers and the strength of our governance-led approach. Even in a dynamic environment, we have remained focused on stability, prudent growth, and long-term value creation. We will continue to build on this foundation while strengthening our role in the cooperative banking sector.”
The Bank shared its audited performance highlights through official communication channels, receiving positive feedback from customers and stakeholders. This response reflects continued confidence in the Bank’s transparency, governance standards, and consistent delivery.
With its guiding philosophy, “Your Trust, Our Strength,” SVC Co-operative Bank has reaffirmed its commitment to customer-centric banking and sustainable expansion. Going forward, the Bank aims to strengthen its digital offerings, enhance service quality, and broaden its reach, while carefully navigating sectoral challenges. The overall performance underscores its steady progress as a reliable institution in the cooperative banking space.
SVC Bank, established in 1906, is a leading multi-state scheduled co-operative bank in India with operations across 10 states and one union territory. With total business of Rs 43,693 crores and net profit of Rs. 205 crores as of March 2026, it demonstrates financial stability and NPAs.
Headquartered in Mumbai, it operates 203 branches and 220 ATMs, employing over 2,500 people. The bank offers retail, corporate, and international services and has earned awards for innovation, technology, cybersecurity, and excellence, reflecting its leadership, efficiency, and commitment to growth and financial inclusion.
