The multi-state Scheduled -Kaijs Bank virtually organized its 58th Annual General Meeting, in which over 3200 members registered their participation. Despite several challenges the bank has performed well on almost all the financial parameters and the total business of the bank increased from Rs 3461 crore to Rs 3640 crore in 2019-20 FY.
Talking to Indian Cooperative correspondent on the phone the bank Vice-Chairman, Chandrakant Chougule said, “We have organized our AGM through virtual mode where a large number of members were connected online. The management and other top officials sitting at the bank premises held the proceedings. In adverse market conditions, our bank has performed well except earning substantial profit because we had to make provisions”, he added.