Our Achievements (31 March 2021)
In the cooperative year, 409 people's have become members. 63 Members have resigned. At the end of March 31, 2021, the membership is 9442 . The proportion of members increased is 04.86 %.
Capital And Funds
The authorized shareholding limit of the organization is Rs. 7 Crore and the recovered collection is Rs. 5 Crore 31 Lakhs 52 Thousand. The total funding is 11 Crore 88 Lakh 23 Thousand.
To maintain fiscal consolidation, the organization has invested Rs. 46 Crore 12 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 - 114 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 13 Crore 40 Lakhs, and the list of deposits is 114 Crore 14 Lakhs. Growth is 13.30 %.
The Department has distributed a total of Rs. 86 Crore 02 Lakhs loan to the members of the report. Audit class "A" has earned. Similarly, this year the aggregate business of 200 Crore 16 Lakhs has been crossed. The loan growth rate is 17.74 %.
Outstanding And Debt Recovery
At the end of the year, the institution has allocated 86 Crores 02 lakhs loans. Of this, only 2 Crore 96 Lakhs are outstanding and it is 3.44 % . This is possible only due to the policy of loan defaulters to the competent borrowers.