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RBI Policy Statement reaffirms commitment to ensure financial stability in markets: SBI Chairman

RBI Policy Statement reaffirms commitment to ensure financial stability in markets: SBI Chairman
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SCDCC bank achieves record profit of Rs 33.65 crore


SCDCC bank achieves record profit of Rs 33.65 crore
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Last Updated: Apr 04, 2021, 11:27 AM IST
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Synopsis
Bank president M N Rajendra Kumar said that despite the impact of the coronavirus pandemic, the bank managed to perform well by securing a record-breaking profit.
The bank has done a total business of Rs 10,100.30 crore with a growth of 19.30 per cent and aims to touch Rs 11,000 crore in the next financial year.
City-based South Canara District Central Co-operative (SCDCC) bank has achieved a record- breaking profit of Rs 33.65 crore in the 2020-21 fiscal, compared to Rs 30.83 crore in the previous year. Bank president M N Rajendra Kumar said that despite the impact of the coronavirus pandemic, the bank managed to perform well by securing a record-breaking profit. ....

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