Karimnagar DCCB profit rises to Rs 51 cr from Rs 35 cr
Despite problems posed by Covid 19, Karimnagar District Cooperative Central Bank (DCCB) in Telangana has made a profit of Rs 51.12 crore during 2020-2021, reports Telangana Today. During 2019-2020, the bank had made a profit of Rs 35 crore.
The bank’s excellent performance has won it the national awards for the last four years from the National Federation of Cooperative Banks limited (NAFSCOB).
The bank has 67 branches with deposits of Rs 1903 crore registering a growth rate of 16.03 per cent. The loans and advances stand Rs at 2070 crore. Overall growth registered is 16 per cent and the business stands at Rs 3973 crore just shy of Rs 27 crore against the bank target of Rs 4,000 crore.
He said now that schools have reopened they are seeing the total number of reports increase, but they are still down about 9% when compared to 2019.
“What did we find during the pandemic and what are we still finding now? Families are incredibly resilient. Communities are the best form of support for families,” Mysogland said.
Many of these families need housing, food or broadband internet service.
“What children and families need are those concrete and tangible supports.Verses surveillance by a government agency,” Mysogland said.
State Child Advocate Sarah Eagan said chronic absenteeism from, school whether it’s in-person or remote, doesn’t mean all these children are being neglected.
Crop loan scam in Andhra PACS
Hindu reports an investigation has been ordered into the crop loan scam involving Rs 22.22 crore in PACS in East Godavari District in Andhra Pradesh.
It is said the DCCB staff were allegedly involved in defrauding the amount through accounts of fake farmers. 19 people in all are supposed to be involved in the scam.
East Godawri District Central Cooperative Bank Executive Officer Praveen Kumar is quoted saying further investigation into the fraud is underway.
Amreli DCCB: Sanghani continues to be rooted; wins 6th time
Congratulations pour; IFFCO MD one of the firsts to complement
Leaders draw their strength from their roots and Amreli DCCB is the root of NCUI President Dileep Sanghani. He has proved again that he continues to be rooted by winning for the sixth term as the Chairman of Amreli Jilla Madhyastha Sahakari Bank. Arunbhai M Patel has been re-elected unopposed as the Vice-Chairman of the bank.
After the declaration of the results, Sanghani was profusely garlanded and cheered by his supporters. An emotional Sanghani expressed thanks to his supporters. The news of his re-election, spread like wildfire on social media platforms where everyone started congratulating him for his victory.
A month earlier, BBMP administrator Gaurav Gupta had inspected the junction to review the underpass project. He apparently directed officials to go ahead with the plan of axing trees as the tree expert committee had already given approval to remove about 25 trees.