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