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.
On the occasion of Republic Day, news has poured in from across the country about cooperative leaders celebrating the 72nd Republic Day with great enthusiasm.
From national level Cooperatives to state level to district level to village level, co-ops have hoisted the national flag at their respective premises and celebrated the day with full gusto.
In his message on the occasion, National Cooperative Union of India President Dileepbhai Sanghani said, ““On this day I urge fellow co-operators to take an oath to take cooperative movement to newer heights. Happy Republic Day!”
IFFCO Managing Director Dr U S Awasthi wished the country through social media and wrote, “Heartiest Greetings & Best Wishes of Republic Day to everyone. Let’s pledge to increase agriculture output in terms of quality & quantity for our food security. Let’s also work together to strengthen the cooperatives of the country for good economic growth”.