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Home Co-op News Snippets

Pune People’s Co-op Bank bags prestigious award

Amit Awana by Amit Awana
October 22, 2024
in Co-op News Snippets
0
Pune People’s Co-op Bank bags prestigious award
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Pune People’s Co-op Bank has been honoured with the ‘’Best Investment Initiative” award at the national cooperative banking summit organized in Lucknow last week.

On behalf of the bank, the award was received by its President CA Janardhan Ranadive, Vice President Dr. Ramesh Sonwane and other board members of the bank.

The Pune People’s Co-op Bank, a leading multi-state co-operative bank in Maharashtra, recently surpassed Rs 2,500 crore in total business, with deposits reaching Rs 1,539 crore and loans totaling Rs 961 crore.

Remarkably, the bank reported a net NPA of 0% and a credit-deposit (C.D.) ratio of 62.44%.

With 21 branches and a legacy of 72 years, Pune People’s Co-op Bank continues to evolve, offering modern banking services such as UPI, IMPS, a Mobile Banking App, RuPay ATM, QR Code, NACH, and cloud-based data security systems.

Tags: BreakingCA Janardhan Ranadivecd ratiocooperative
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