Achievements 

Position of the Bank

Established as last Co-Operative Urban Bank in Combined Andhra Pradesh State. Now there are 52 Cooperative Urban Banks in Telangana and we are at 2nd position based on our Business in the state of Telangana.

Deposits

Growth of Deposits during last 3 Financial Years is: 181.74%, 2015-16: Rs. 22706.53 Lakhs, 2018-19: Rs. 63973.47, 5 Lakhs

Recorded 32.35% of growth of Deposits over last Financial Year, and reached to Rs. 63973.47 Lakhs Deposits by the end of 31-03-2019.

Loans & Advances

Growth of Loans during last 3 Years is: 195.39%, 2015-16: Rs.14633.97 Lakhs, 2018-19: Rs.43227.46 Lakhs

Recorded 38.67% of growth of Loans & Advances over last Financial Year, and reached to Rs. 43227.46 Lakhs Loans Outstanding by the end of 31-03-2019.

Investments

Growth of Investments during last 3 Years is: 170.05%. 2015-16: Rs.6707.38 Lakhs, 2018-19: Rs.18113.53 Lakhs

Recorded 31.26% of growth of Investments over last Financial Year, and reached to Rs.18113.53 Lakhs Investments by the end of 31-03-2019.

Business

Growth of Business during last 3 Years is: 187.09%. 2015-16: Rs.37340.50 Lakhs, 2018-19: Rs.107200.93 Lakhs

Recorded 34.83% of growth of Business over last Financial Year, and reached to Rs.107200.93 Lakhs Business by the end of 31-03-2019.

Clientele Base

Growth of Clientele Base during last 3 Years is: 137.96%. 2015-16: 214751 No’s, 2018-19: 511027 No’s.

Recorded 32.20% of growth in Clientele Base over last Financial Year, and reached to 511027 Clientele Base by the end of 31-03-2019.

Share Capital

Growth of Share Capital during last 3 Years is: 255.97%. 2015-16: Rs.1234.92 Lakhs, 2018-19: Rs.4395.98 Lakhs

Recorded 95.65% of growth in Share Capital over last Financial Year, and reached to Rs. 4395.98 Lakhs Share Capital by the end of 31-03-2019.

Branch Expansion

Growth in Number of Branches during last 3 Years is: 50%. 2015-16: 14 No’s, 2018-19: 21 No’s

As new Branches Licensing was hold by RBI, there is no growth in No.of Branches over last Financial Year, and stabled at 21 Branches by the end of 31-03-2019.

ATM Expansion

Growth in Number of ATMs during last 3 Years is: 214.29%. 2015-16: 14No’s, 2018-19: 44No’s

Recorded 64.29% of growth in No.of ATM Machines over last Financial Year, and reached to 44 ATMs by the end of 31-03-2019.

Profitability

Growth of Income during last 3 Years is: 227.25%.2015-16: Rs.2114.92 Lakhs, 2018-19: Rs.6921.13 Lakhs

Growth of Reserves Expenditure during last 3 Years: 319.42%.2015-16: Rs.128.29 Lakhs, 2018-19: Rs.538.07 Lakhs.

Employment Generation

Growth in Employment during last 3 Years is: 107.69%.2015-16: 78No’s, 2018-19: 162No’s

Growth in Per-Employee Business during last 3 Years is: 38.23%.2015-16: Rs.478.71 Lakhs, 2018-19:Rs.661.73 Lakhs

Growth in Per-Employee Profit during last 3 Years is: 50.14%.2015-16: Rs.3.53 Lakhs, 2017-18:Rs.7.16 Lakhs

Reserves & Provisions

Growth in Reserves during last 3 Years is: 276.92%. 2015-16: Rs.461.54 Lakhs, 2018-19: Rs.1739.63 Lakhs

Recorded 112.38% of growth in Reserves & Provisions over last Financial Year, and reached to Rs.1739.63 Lakhs Reserves & Provisions by the end of 31-03-2019.

Net worth

Growth in Net-worth during last 3 Years is: 245.06%. 2015-16: Rs.1586.27 Lakhs, 2018-19: Rs.5473.59 Lakhs

Recorded 86.46% of growth in Net Worth over last Financial Year, and reached to Rs.5473.59 Lakhs Net Worth by the end of 31-03-2019.

Asset Quality

Gross NPA as on 31-03-2019:1.14%

Net NPA from last 10 Financial Years is:0%

Capital Adequacy

CRAR as on 31-03-2019:17.25%, which is well above the regulatory minimum requirement of 9% and as per rules for Financially Sound & Well Managed Banks, minimum CRAR requirement is 12%.

Demonetization Crisis

During the demonetization period,since we have 3 Lakhs above customer base we have also experienced the rush. But we have without inconvenience to the customers, we have accepted the deposits made by all the public by arranging special counters etc.,

The demonetization has also resulted in currency shortage at all centers and Banks. However we have ensured that uninterrupted ATM Services at all our Branches were continued and also made available cash across counters to all the Customers. Our ATMs with continuous availability of cash was also appreciated at many times centers and was also covered extensively by the electronic and print media highlighting our services.

Special ATM for Women

Established dedicated ATM for Women. Only Women will be allowed to transact with this ATM which is placed separately. There is high response for this ATM. The women customers are feeling very happy for establishment of special ATM, by which they can comfortably withdraw cash quickly and Daily 483 Women are taking cash from this ATM on an average.

Technology Enabled Services

As we are providing technological services like Mobile Banking, ATM, RTGS, NEFT, CTS, Aadhar Payment System, NACH Credit & Debit Systems, CTS Clearing System etc, we have introduced centralized payments systems at Head Office with the expertise team.

Growth in Number of Transactions during last 3 Years in various Technology Based Products are as below:

  RuPay Debit Cards Active: 38%. 2015-16: 38064 No’s, 2018-19: 112814 No’s

  ATM Transactions: 13%. 2015-16: 3,77,225 No’s, 2018-19: 36,21,838 No’s

  POS Transactions: 100%. 2015-16: 0 No’s, 2018-19: 1,94,234 No’s

  Mobile Banking Transactions: 13%. 2015-16: 659 No’s, 2018-19: 4,05,187 No’s

  Adhaar Mapping Transactions: 09%. 2015-16: 1,14,793 No’s, 2018-19: 3,07,745 No’s

  RTGS/NEFT Transactions: 95%. 2015-16: 1,09,388 No’s, 2018-19: 5,52,354 No’s

  NACH Transactions: 16%. 2015-16: 2,42,845 No’s, 2018-19: 7,50,784 No’s