Our Achievements (31 March 2024)
Member
In the cooperative year, 741 people's have become members. 115 Members have resigned. At the end of March 31, 2024, the membership is 11,748 . The proportion of members increased is 6.52 %.
Capital And Funds
The authorized shareholding limit of the organization is Rs. 7 Crore 50 Thousandand the recovered collection is Rs. 6 Crore 83 Lakhs 76 Thousand. The total funding is 11 Crore 42 Lakh 54 Thousand.
Investing
To maintain fiscal consolidation, the organization has invested Rs.82 Crore 50 Lakhs in various scheduled funds, co-operative bank's and district central bank's for different periods. Also, according to the by-laws, the institution exceeded 20 % of the total deposits Investments are made according to liquidity guidelines.
Deposits - 151 Crores Crossed The Stage
Deposits at the top are a sign of customer trust. The tradition of growth in deposit collection is very good in the current year. This year, there is huge increase in the amount of Rs 7 Crore 63 Lakhs, and the list of deposits is 151 Crore 85 Lakhs.
Loans
The Department has distributed a total of Rs. 97 Crore 89 Lakhs loan to the members of the report. Audit class "A" has earned. Similarly, this year the aggregate business of 249 Crore 75 Lakhs has been crossed. The loan growth rate is 10.64 %.
Outstanding And Debt Recovery
At the end of the year, the institution has allocated 97 Crores 89 lakhs loans. Of this, only 6 Crore 39 Lakhs are outstanding and it is 6.42 % . This is possible only due to the policy of loan defaulters to the competent borrowers.