#1
30th April 2016, 09:43 AM
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Greater Bank Statement
Hi I would like to have the financial bank statement of the Greater Bombay Co-operative Bank Limited?
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#2
30th April 2016, 09:44 AM
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Re: Greater Bank Statement
The Bank delegated M/s. R. Y. Kulkarni and Associates Chartered Accountants as Statutory Auditor of the Bank for the FY 2014-15. The Board is appreciative to them for auspicious fruition of review and advertising proposals. Stores expanded by ` 101 cr at a development rate of 6.5%. Advances expanded by ` 110.9 cr at a development rate of 10.9%. 63rd ANNUAL REPORT 2014-15 Business blend expanded by ` 211.9 cr with a 8.2% development. Total wage expanded by ` 24.7 cr with a development of 12.2% amid the year. Total costs diminished by ` 10.2 cr at 5.3% for the most part because of lessening in procurements. Operating Profit was at ` 14.5 cr as against an Operating Loss of ` 2.2 cr in the former money related year. Net Profit was at ` 10.07 cr as against a Net Loss of ` 24.86 cr amid the last money related year. Net Worth enhanced to ` 67.3 cr from ` 57.3 cr. CRAR was at 13.3% as against RBI prerequisite of least 9%. Gross NPAs (%) and Net NPAs (%) diminished to 6.91% and 4.62% separately as against 9.54% and 7.65% a year prior. Net Profit of ` 10.07 cr as against a Net Loss of ` 24.86 cr: As guaranteed in the last AGM, your Bank could recoup itself significantly from the Net Loss of last budgetary year (however the whole misfortune has not been wiped out). There was a Net Profit of ` 10.07 cr in 2014-15. Please find the Financial Performance of the Bank attached below: |