MAJOR ACHIEVEMENTS OF OUR PERFORMANCE DURING 2009-10
FINANCING UNDER KCCs :
258360 KCCs have so far been issued up to 31.03.10. During the financial year under review 112690 KCCs have been disbursed including 1215 A/cs amounting Rs.2.66 Crore under JLG.
FINANCIAL INCLUSION :
2666760 esteemed customers have reposed their confidence in our Bank. MBGB is repository of trust for 2177542 depositors who have faith on our ability and willingness to provide them professional Banking Services. Similarly MBGB is harbinger of hope of 489218 borrowers for their economic development and all-round prosperity, majority of which are living in remote areas representing rural masses. 454484 “No Frill” A/Cs have so far been opened under Financial Inclusion. During the financial year under review 184172 “No Frill” A/cs have been opened against the target of 200000 A/Cs.
The Bank have achieved the Profit of Rs.42.03 crore as at the end of March 2010 against the target of Rs.40.00 crore and as compared to Rs.16.36 crore during corresponding period last year registering Y-O-Y growth of 156.90%.
BUSINESS PER EMPLOYEE :
Staff productivity measured in terms of business per employee increased to Rs.3.08 crore as at the end of March’10 as compared to Rs.2.54 crore during corresponding period last year.
BUSINESS PER BRANCH :
Per branch business of our bank is now Rs13.02 crore.
CAPITAL TO RISK ASSET RATIO (CRAR) :
MBGB has been successful in exhibiting 10.42% CRAR as against 10.30% during corresponding period last year.