Examination of the inspection report and all the related correspondence revealed that the TDCC Bank had sanctioned a loan to one of its directors, the release said.
KDCC Bank achieves 43% growth
Updated:
Updated:
The cooperative bank is celebrating 105 years of existence, says chairman
Share Article
The cooperative bank is celebrating 105 years of existence, says chairman
The Krishna District Cooperative Central (KDCC) Bank Limited has outperformed many cooperative banks in the country to register a growth of 43%, said its Chairman Yarlagadda Venkat Rao on Tuesday.
The bank, established by Sri Bhogaraju Pattabhi Seetaramaiah on January 17, 1915, was celebrating 105 years of existence, Mr. Venkat Rao said. KDCC Bank was operating with 425 affiliated Primary Agriculture Cooperative Societies (PACS) and 58 branches, with Machilipatnam as its headquarters, he said.
Giving details of the bank’s performance during the 2020-21 financial year (till January 15), the Chairman said KDCC Bank did a business of ₹6,980 crore.