Sri Potti Sriramulu Nellore District Cooperative Central Bank Recruitment 2017. Latest Recruitment Jobs Vacancies

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About Sri Potti Sriramulu Nellore District Cooperative Central Bank

Sri Potti Sriramulu Nellore District Cooperative Central Bank Limited Nellore has been functioning in the district since 1918 and serving the rural farmers and customers by providing various banking facilities and other needs required for Agriculture through 20 branches and 79 PACS affiliated to the Bank. The Bank is going to celebrate its Centenary in the next year. During the financial year 2015-16 the Bank has wiped-out its accumulated losses of Rs.302.65 lakhs as per the audited balance sheet as on 31-03-2016 and also achieved a Net Profit of Rs.27.15 lakhs. Further, the gross % of NPAs has comedown from 11.43 as on 31-03-2015 to 6.97 as on 31-03-2016. As on 31-03-2016 the CRAR is 13.14%. The Bank has mobilized total deposits to the extent of Rs.178.80 crores which includes Rs.42.56 crores of CASA deposits as on 31-03-2016 with an increase of 34% over the previous year.