Financial Status
The membership of the bank has decreased 18 members compared to the previous year. The decrease here is 0.36%. The General Assembly is 4979 at the end of the report year and nominal member is 230. The amount of shares is less than 4.98/- lakhs, Which is less than 1.71% in comparison to previous year. Gross capital is 286.59/- lakhs on March 31st 2023.
Bank reserves have increased by 180.86/- lakhs. With this increase there are 2362.97/- lakhs reserve funds on March 31, 2023.
With deposits of 956.51/- lakhs in bank deposits, the total deposits in the reporting year are 14,400.22/- lakhs.
The loan sanctioned by the end of the year to 1001 beneficiaries has been sanctioned 8,081.43/- lakhs. Debt balance is 5,692.50/- lakhs.
The bank has invested 8021.13/- lakhs till March 31 2023, which is more than 879.38/- lakhs compared to last year. All the investment of the bank is safe.
Working capital of the bank is 17683.33/- lakhs in the financial year ending March 31, 2023. Working capital has increased by 1105.64/- lakhs.
The following are the types of progress
Sr. No. | Details | 2020-21 | 2021-22 | 2022-23 |
---|---|---|---|---|
1 | Members | 5076 | 4997 | 4979 |
2 | Share Capital | 296.85 | 291.57 | 286.59 |
3 | Fund | 2021.39 | 2182.11 | 2362.97 |
4 | Amount Deposited | 12793.45 | 13443.71 | 14400.22 |
5 | Loan Back | 5617.33 | 5615.62 | 5692.50 |
6 | Appropriation | 5897.06 | 7141.75 | 8021.13 |
7 | Working Capital | 15663.49 | 16577.69 | 17683.33 |
8 | Net Profit | 67.69 | 158.02 | 164.64 |
9 | Dividend | - | 10% | 10% |
10 | Outstanding Debt Ratio | 27.24% | 20.54% | 17.01% |
11 | N.P.A. | 16.59% | 6.99% | 1.74% |
12 | Capital Adequacy | 26.16% | 31.57% | 32.19% |
13 | Number of Employees | 73 | 69 | 68 |
14 | Number of Branches | 6 | 6 | 6 |
15 | Audit Class | A | A | A |