Shriram Urban Bank postsnet profit of Rs 1.25 crore

 

 

THE 29th annual general meeting (AGM) of Shriram Urban Cooperative Bank Ltd. was held at Scientific Society Hall on Saturday. During FY 2023-24, the bank has achieved greater heights by achieving business level of Rs 150 crore, net profit of Rs 1.25 crore and bringing down Net NPA to zero percent. The CRAR of the bank was 23.40 per cent, which indicates very sound financial status of the bank. The bank is achieved Financially Sound and Well Managed Bank, (FSWM )status, consecutively for last three years also has achieved Audit Rating “A”. Parag Saraf , Chairman of the bank, said that the bank has taken leap forward by offering all new digital products such as mobile Banking, QR code, UPI, G-pay, Phone Pay etc. Vice Chairman Ajit Gokarn, other members of board and CEO M P Kulkarni were present .