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VCB earns a profit of Rs 45 crore; AGM mourns deaths due to Covid

VCB earns a profit of Rs 45 crore; AGM mourns deaths due to Covid VCB’s share capital stands at Rs 251.40 cr with membership of 90,776 The Visakhapatnam Cooperative Bank conducted its 106th Annual General Meeting last week at the MRC Kakatiya Cultural Association Convention Centre, Maddilapalem, Visakhapatnam, Andhra Pradesh. The Chairman of the Bank Chalasani Raghavendra Rao presided over the meeting and said  the total business of the bank as on 31.03.2021 is Rs 6,573.01 crore out of which deposits were Rs 3,853.39 crore and advances were Rs 2,719.43 crore. The total share capital of the bank is Rs 251.40 crore with a total membership of 90,776 and the Net NPA stood at 1.65% as on 31.03.2021. The bank has set a target of Rs 7,558 crore for the financial year 2021-22, informs the press release issued by the bank.

NBCC to submit project report on RINL s 22-acre land in Vizag by June-end

Read more about NBCC to submit project report on RINL s 22-acre land in Vizag by June-end on Business Standard. State-owned NBCC will submit the detailed project report (DPR) to RINL by month-end for the steel maker s 22.19 acre land in Visakhapatnam city, a popular tourist destination in Andhra Pradesh.

Partial curfew slams brakes on occupancy ratio of RTC

Partial curfew slams brakes on occupancy ratio of RTC Updated: Updated: Only 181 services are being operated a day in city against 711 earlier Share Article AAA Focus on safety: RTC employees getting registered for vaccination at a drive conducted at the RTC Complex in Visakhapatnam on Saturday.   | Photo Credit: K.R. Deepak Only 181 services are being operated a day in city against 711 earlier The Visakhapatnam region of the APSRTC has been getting an average occupancy of 38% due to the partial curfew being implemented in view of the second wave surge in COVID-19 cases. While the number of city services operated on normal days is 711, only 181 services are being operated a day from 6 a.m. to 12 noon in view of the partial curfew. The drivers and conductors are being booked on rotation basis.

Impose restrictions to curb COVID spread, say denizens

Impose restrictions to curb COVID spread, say denizens Updated: Updated: District recording at least 350 new cases every day Share Article AAA Police asking visitors leave the Beach Road in the wake of a growing number of COVID cases, in Visakhapatnam on Wednesday.   | Photo Credit: K.R. DEEPAK District recording at least 350 new cases every day Denizens across the city, alarmed by a lack of concrete action to combat the rising second wave of COVID-19 cases, are calling for tight measures to be implemented in order to ensure people follow safety norms, such as wearing masks and maintaining physical distancing. With no restrictions in place, and feeble enforcement of norms, people moving freely in the city without wearing masks or following physical distancing norms has become a common sight.

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