Tripura Gramin Bank posts profit for 20th year in a row
By
Sujit Chakraborty ( IANS) |
Published on
Sat, Mar 6 2021 19:12 IST |
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Tripura Gramin Bank posts profit for 20th year in a row. Image Source: IANS News
Agartala, March 6 : Amid the Covid-induced economic slowdown, the Tripura Gramin Bank (TGB) has become the first among the 45 Regional Rural Banks (RRBs) in India to post a net profit for 20 straight years, after it reported net profit of Rs 133.61 crore till December last year of the current fiscal, doing business of over Rs 10,000 crore, a top bank official said.
According to TGB Chairman Mahendra Mohan Goswami, the bank started its journey in the year 1976 with a loss of Rs 3,550.47 and started making profit since 2000-01, wiping out the entire accumulated loss of Rs 139.40 crore.