Our Achievements (31 March 2018)
In the cooperative year, 752 people have become members. 71 Members have resigned. At the end of March 31, 2018, the membership is 8475. The proportion of members increased is 08.73%.
Capital and funds
The authorized shareholding limit of the organization is Rs. 5 Crore and the recovered collection is Rs. 3 Crore 94 Lakhs 50 Thousand. The total funding is 7 crore 26 lakh 2 thousand. Growth is 25.88%.
To maintain fiscal consolidation, the organization has invested Rs. 26 Crore 62 Lakhs in various scheduled funds, co-operative banks and district central banks for different periods. Also, according to the by-laws, the institution exceeded 20% of the total deposits Investments are made according to liquidity guidelines. Growth is 35.80%.
Deposits-74 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 9 crore 71 lakhs, and the list of deposits is 74 crore 37 lakhs.
The Department has distributed a total of Rs. 58 crore 66 lakhs loan to the members of the report. Audit class "A" has earned. Similarly, this year the aggregate business of 133 crore 3 lakhs has been crossed. The loan growth rate is 17.03%. Similarly, the safe loan amount is 97.15%.
Outstanding and debt recovery
At the end of the year, the government has allocated 58 crores 66 lakhs loans. Of this, only 1 crore 52 lakhs are outstanding and it is 2.85%. This is possible only due to the policy of loan defaulters to the competent borrowers.