NNSB posts business mix of Rs 2,750 cr in FY 2022-23

 

 

Nagpur Nagarik Sahakari Bank Limited (NNSBL) has registered a business mix of Rs 2,750 crore in the financial year (FY) 2022-2023. On achieving this record feat, Sanjay Bhende, Chairman of Nagpur Nagarik Sahakari Bank Limited was felicitated at the Board of Directors meeting on Wednesday. Ashok Agrawal (Goyal), Vice Chairman of the NNSBL along with all the directors and office bearers of the bank felicitated Sanjay Bhende by giving him bouquet and shawl.

On the occasion, Ashok Agrawal said that in the financial year 2022-2023 the total deposits were at Rs 1,720 crore and disbursements at Rs 1,043 crore. The CD ratio stood at 61 per cent while the net non performing assets (NPAs) dropped significantly. “Because of these factors the Nagpur Nagarik Sahakari Bank Limited was in strong position and one of the leading cooperative banks in the region,” Agrawal said.