Agrasen Bank sees growth in total business

Agrasen Bank sees growth in total business
Highlights

City-based Agrasen Co-operative Urban Bank Ltd said its total business had reached Rs 433.34 crore by December 2015 as compared with Rs 370.51 crore in December 2014.

Hyderabad: City-based Agrasen Co-operative Urban Bank Ltd said its total business had reached Rs 433.34 crore by December 2015 as compared with Rs 370.51 crore in December 2014.

The bank which held its second general body meeting on Sunday said its total deposits increased to 260.84 crore from Rs 232.10 crore in December 2014 while the gross advances went up to Rs 172.50 crore from Rs 138.41 in the same period.

"We are extremely happy to announce that Agrasen Bank has scaled new highs and achieved good profits last year,” said Pramod Kumar Kedia, Chairman, Agrasen Co-operative Urban Bank Ltd, while addressing the general body meeting.

He further said that the bank had also launch an ‘Intensive Business Mobilization Camapign’, offering customers innovative schemes.

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