Uttarakhand based Udhamsingh Nagar District Central Cooperative Bank organized its 11th Annual General Meeting in one of the hotels located at Rudraprayag last week.
With no effect of Covid-19 on the business of the bank, in the 2019-20 financial year the bank performed well on all the financial parameters and earned a net profit of Rs 6.69 crore. Earlier i.e. in 2018-19 the bank had earned a net profit of Rs 3.06 crore.
Addressing the AGM, the bank Chairman Yogendra Singh Rawat presented the blueprint for the progress of the bank before the delegates present on the occasion. He informed that the bank will open five branches at Chakarpur, Diyuri, Nanakmatta, Mahuakhera Ganj and Narayan Nagar till the end of the current financial year.