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The South Canara District Central Cooperative (SCDCC) Bank recorded a profit of ₹33.65 crore for the fiscal 2020-2021, said SCDCC Bank Chairman M.N. Rajendra Kumar here on Saturday.
Talking to reporters, Mr. Kumar said that the total business in the bank’s 105 branches in 2020-21 was ₹10,100.3 crore, which was 19.3% more than the total business recorded in 2019-20.
The total deposits for 2020-21 was ₹4,948.34 crore and this was 17.65% more than deposits received in 2019-20. The total advances in 2020-21 was ₹3,712.67 crore of which ₹1,596.04 crore was for short-term loans given in the agriculture sector. As many as 1.19 lakh farmers have been given RuPay Kisan Cards, while 58,910 RuPay debit cards have been given to other customers.