Chief Executive Officer’s Note

Dear Members/Customers,

With traditional Co-Operative Banking enabled with technology, we are achieving 50% of Year-On-Year Cumulative growth since inception of the Bank.

Through entering into new locations and acquiring more customers, we are making efforts to stabilize our growth Year on Year, and we could reach to 23 Branches in Telangana as of now.

With the active support and guidance of the Reserve Bank of India, we could continuously perform well and also continued to introduce many new initiatives over a period of time. The performance of our Bank from the period of expanding Branches, in regards to various parameters are as under.

We are focusing on Customer Service with very less profit margin. Our Bank’s motto is to provide transparent, quick and prompt services without burdening the customers with the hidden charges, which is entailing in our extending Banking services with little margin.

Since inception of the Bank, we are concentrating to strengthen every parameter of the Bank Business. Yielding our efforts, we could record continuous growth in Business and profits. By establishing centralized loans processing and monitoring department, we are recording steady growth in loans portfolio and maintaining Ideal CD ratio throughout the Year.

We continue our efforts to strengthen our Bank in all parameters and I look forward to your continued support in this journey.

I thank all our stakeholders, customers for their valuable support and trust in achieving our goals.

Vanamala Srinivas

Chief Executive Officer