Financial Performance

In Rs. Lakhs
Sr. No. Details 2008-09 2009-10 2010-11 2011-12 2012-13 Till 31st Mar.  2014
1 Share Capital 316.58 333.55 377.86 412.25 440.50 472
2 Reserves and Other funds 805.40 1815.49 1742.91 2311.08 1998.28 1880
3 Deposits 8667.72 9981.09 10508.64 10998.61 12762.60 13720
4 Investment 3062.71 4199.34 5147.46 4330.84 5154.91 5583
5 Loans 5898.63 6099.22 5802.47 7155.39 8186.07 8660
6 Net Profit/Loss 104.18 -437 104 143 211 115
7 Working Capital 9913.93 12309.86 12796.69 13799.60 15381.35 16404

Highlights

  • Audit grade for FY 12-13 and 13-14 given by statutory auditors is ‘A’
  • Gross NPA- 9% and Net NPA- 1% for FY 13-14
  • CRAR – 14.66%
  • Dividend - Bank has declared and distributed dividend at 7.5% for 2013-14 (recommended)

Vision for financial year 2014-15

  1. NPA
    A) Gross NPA – 6%
    B) Net NPA - Zero
  2. Net Profit – 200 Lakhs
  3. CRAR – 15%
  4. Dividend 10%
  5. Opening Branches with permission of RBI in Konkan region
  6. CBS facility will be started from October 2014.
Deposits and Loans
Working Capital