MAJOR ACHIEVEMENTS OF OUR PERFORMANCE DURING 2009-10
Deposits of our bank stood at Rs.3867.91 crore as on March’2010 as compared to Rs.3267.95 crore in March’2009 registering Y-O-Y growth of 18.36%.
PRIME DEPOSITS :
Prime deposits of the bank comprising of savings and current deposits formed 73.35% of total deposits at the end of March’2010 making the CASA deposits still richer.
TOTAL ADVANCES :
Advances of our Bank stood at Rs.1536.56 crore (including Rs.200.0 crore of IBPC issued to Sponsor Bank on Risk Sharing Basis) as compared to Rs.1264.97 crore in March 2009 registering YOY growth of 21.47%.
PRIORITY SECTOR ADVANCES :
The Ratio of priority sector advances to total credit formed 91.41% which is much higher than the national goal of 60% for RRBs w.e.f. 2003-04.
AGRICULTURE ADVANCES :
The agriculture advances formed 76.45% of the total credit against national goal of 18%.
WEAKER SECTOR ADVANCES :
Outstanding under weaker sector advances is Rs.548.61 crore. The weaker sector advances contributed 35.69% against national goal of 15% for RRBs w.e.f. F.Y. 2003-04.
FINANCING TO SHGs :
The bank has been successful in credit linking 16765 SHGs at the end of Mar.10 against Savings linkage of 18610 SHGs.
FARMER’S CLUB :
Our bank has so far constituted 341 Farmers’ Clubs up to 31.03.10 against eligible 356 rural branches. For rest of the branches the proposals are under process so that 100% eligible branches may be covered by farmers club.
Click for more