Rajkot Nagrik Sah Bank registers phenomenal growth of 46%
Huge profit is partly due to Atmanirbhar Gujarat Sahay Yojana
Rajkot Nagrik Sahkari Bank in Gujarat has stood out, netting a remarkable profit of Rs 129 crores and a total business turnover of Rs 8, 276 crores in defiance of Covid 19. The profit counts a whopping 46 percent higher than the profit of last year. This was revealed during the bank’s AGM.
As per the notes presented by the bank chairman Nalinbhai Vasa and the vice chairman Shailendrabhai Thakar, the bank’s total deposit stands at Rs.5,140 crore and total loan at Rs. 3,136 crore. The net NPA of the bank is negligible and will soon reduce to zero, claims the press release.