Nagpur Nagarik Sahakari Bank Limited (NNSBL), one of the leading co-operative banks of the region, posted a record business mix of Rs 3, 451 crore in the 2024-25 financial year. In a recently held annual general body meeting of the bank, Prof. Sanjay Bhende, Chairman of NNSBL, said that the bank has also achieved deposits of Rs 2075 crore and advances of Rs 1376 crore.

 

In the past 10 years, the bank has consistently shown improvement in its financial performance. This year, the bank has reported a profit of Rs 16.54 crore, which is double the previous year’s profit. The bank’s CRAR (Capital to Risk-Weighted Assets Ratio) stands at 14.26%, exceeding the Reserve Bank of India’s requirement. The bank has also achieved a significant milestone by reducing its NPAs (Non-Performing Assets) to zero for the second consecutive year. The annual general meeting of the bank was attended by a large number of shareholders, directors, and senior officials.