11 Strong Reasons as to why you should be banking with us

1. All financial and regulatory norms prescribed by RBI have been fulfilled by the Bank, therefore, Classification of Bank in GRADE-I is continued for the year ended 31.03.2010.
2. 'A' rating given by Statutory Auditors for the year ended on 31.03.2010 & current year statutory audit is in process.
3. Net NPAs of the Bank are 0% as on 31.03.2010.
4. Consistent Net Profit for the last 36 years.
   Record Net Profit in 2008-09 at Rs. 7.35 crore (Highest in last 36 years)
5. Capital Adequacy Ratio of the bank as on 31.03.2010 is 14.63%.
6. Increasing deposits which itself is a symbol of confidence among shareholders / depositors !
   Deposits as on 31.03.2010 - Rs. 613.91 crores
   Deposits as on 31.03.2009 - Rs. 543.28 crores
7. RBI has authorised the Bank to accept NRE rupee deposit accounts, at 14 major branches.
8. The Reserve Bank of India has granted screen-based Negotiated Dealing System (NDS) membership to our Bank.
9. Bank is authorised agency to accept Stamp Duty under Bombay Stamp Act, through Franking facility available at Kala Talao Branch.
10. The Bank has completed Core Banking Solution and offering facility of Any Branch Banking service to customers.
11. RTGS, NEFT & Online Tax Payment facility to Customers

You may also be interested in...

• Our Salient Features
• Our Savings Account
• Our Insurance Services