Karimnagar: The Karimnagar District Cooperative Central Bank, which has gross profit earnings of 51.15 million during the 2020-2021 financial year, has several employees to the bank’s employees as well as the Primary Agricultural Cooperative Associations (PACS) of the Karimnagar Integrated District , including improving the retirement age from the existing 58 years to 61 years.
By the way, the Karimnagar DCCB has emerged as the first cooperative bank in the Telangana and Andhra Pradesh states that improves all employees’ retirement age and health insurance coverage. The KDCCB convened at its first board meeting of this financial year under the chairmanship of its DCCB and TSCAB Chairman Konduru Ravinder Rao, CEO N Satyanarayana Rao, TSCAB DGM and the nodal officer K Annapurna, DCO Manoj Kumar and other directors in Karimnagar city . Monday.
The meeting unanimously adopted decisions on improving the retirement age for all DCCB employees in the integrated Karimnagar district, the health insurance scheme to the 480 DCCB employees and their dependents. Similarly, the DCCB also insured more than 700 employees of 128 PACS in the integrated Karimnagar district.
In the aftermath of the boom in the Covid In those cases, the DCCB also decided on a specific health insurance scheme, called ‘Covid kavach ”for the treatment of Covid cases among all the DCCB bank employees.
The meeting also discussed in detail the strategies to increase its turnover. The bank, which during the last financial year made a business of more than Rs 4000 crore, set a target of 5,027 crs, including 2390 crore deposits and 2,636 crore loans. It was decided to provide 1240 million as crop loans during this financial year.
The meeting also discussed the lending policy and credit policy in detail. It discussed housing, education, SHG, business loans, overdraft and provided loans to professionals such as doctors. It also focuses on delivering more customer service. DCCB Vice President P Ramesh, Directors V Mohan Reddy, Bhupathi Surender, Sripathi Ravinder Gold, Gujjula Raji Reddy, T Naresh Reddy, S Swami Reddy, Muppala Ramchander Rao, B Gopal Rao and others were also present.
Source: Telangana Today