The bank started its functioning w.e.f 01-10-2006 after bifurcation from CCB Ropar and CCB Patiala.
We have a network of 21 branches in the Bank.
There are 366 member socities in the bank out of which there are 67 Cooperative Agriculture Service Societies operating in the district.
The deposits are insured under DICGC Act.
The bank has been granted license from RBI.
The bank has elected Board of Directors.
The bank has been classified as 'A' Class bank.
|Share Capital (in lakhs)||455.59||478.14||482.92||495.21|
|Deposits (in lakhs)|
|(i) Demand Deposit||19950.20||18236.26||17834.40||21938.05|
|(ii) Time Deposit||39998.20||30614.70||34672.82||36927.58|
|(iii) Total Deposit||59948.40||48850.96||52507.22||58865.63|
|Loan Outstanding (in lakhs)||25200.42||26090.07||21966.85||24585.70|
|Working Funds (in lakhs)||76732.86||61647.60||64971.01||72285.11|
|Net Profit (in lakhs)||51.64||52.07||12.38||15.41|
|(i) Per Branch||4054.71||3568.62||3546.38||3973.87|
|(ii) Per employee||978.72||902.90||886.60||1056.35|