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Uttar Pradesh’s apex bank Uttar Pradesh State Cooperative Bank (UPCBL) has registered growth on all the financial parameters in the 2020-21 financial year. The bank crossed the total business of Rs 17k crore and earned a net profit of Rs 45 crore, amidst Covid-19. From earning profit to increasing its deposit base to disbursing loan to controlling NPA, the bank has shown a remarkable performance. While other co-operative banks are grappling with the problem of NPA due to Covid-19, UPCBL has once again been able to control its NPA level. Talking to Indian Cooperative the bank’s Managing Director Bhupendra Vishnoi said, “There is no adverse impact of Covid-19 on our business, we were able to perform better in the 2020-21 FY with the support of our members and management.” ....
The news was shared by Vishnoi through his facebook wall. Readers would recall that in the recently organized AGM, the co-op bank registered impressive growth. The total business of the bank spiked from Rs 12,194 crore to Rs 15,494 crore. ....
Lucknow based apex bank Uttar Pradesh State Cooperative Bank (UPCBL) which used to be in the news for illegal recruitment, has registered growth on all the financial parameters in the 2019-20 financial year. The bank crossed the total business of Rs 15k crore. Sensing its spectacular performance, the state co-op minister Mukut Bihari Verma visited its headquarters on Thursday where he distributed warm clothes to the needy. From earning profit to increasing its deposit base to disbursing loan to controlling NPA, the bank has shown a remarkable performance. While other co-operative banks are grappling with the problem of NPA due to Covid-19, UPCBL has once again been able to maintain the tradition of Zero Net NPA. ....
It was a big day for Sahakar Bharati as its karya karta, donning new clothes, fanned out in the states greeting each other with “Jai Sahakar”. 11th January celebrated as the foundation day of Sahakar Bharati witnessed scores of programs across the country where its top-notch leaders including Ministers registered their participation. If its President Ramesh Vaidya participated in an event organized in its town at Gangavathi in Koppal district, its National Organizing Secretary Sanjay Pachpor attended a function hosted at Indore, Madhya Pradesh. Besides one of the founder members of Sahakar Bharati Satish Marathe was a speaker at the function organized in the premises of Vishwakarma Sahakari Bank in Mangalore. ....
Opposition gang-up on farm laws due to BJP s electoral wins: UP Minister SECTIONS Last Updated: Dec 15, 2020, 05:39 PM IST Share Synopsis The opposition along with some farmers leaders have realised that their survival would be at stake if they do not agitate against the BJP on one or the other pretext. Amethi (UP): Uttar Pradesh Cooperative Minister Mukut Bihari Verma on Monday said the opposition parties have joined together in the protest against the three central farm laws because they have become frustrated due to the results of all recent elections in favour of the BJP. The opposition along with some farmers leaders have realised that their survival would be at stake if they do not agitate against the BJP on one or the other pretext. ....