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The District Co-operative Central Bank (DCCB) Ltd., Visakhapatnam, reported a beardown fiscal show for the fiscal twelvemonth ending March 31, 2026, driven by a diversified lending attack and improved plus quality.
In an exclusive interrogation with The Hindu on Tuesday (June 2, 2026), K. Tata Rao, who assumed complaint arsenic the Person-in-Charge (Chairman) of the slope connected June 2, 2025, attributed the occurrence to the institution’s committedness to fiscal inclusion and integer expansion.
“We person seen a robust maturation of 18.74% successful our full business, which roseate to ₹2,849.78 crore,” Mr. Tata Rao said. “More importantly, our nett net surged by 82.65%, reaching ₹3.58 crore, reflecting our focused efforts connected prudent recognition absorption and operational efficiency.” Looking ahead, helium expressed optimism astir the bank’s momentum, mounting a wide contiguous fiscal people of reaching ₹3,500 crore successful full business.
A standout diagnostic successful the bank’s show has been the important betterment successful plus quality. The Gross Non-Performing Assets (NPA) magnitude declined by 10.43% to ₹49.81 crore, with the Gross NPA ratio improving from 3.94% to 2.92%.
Mr. Tata highlighted that the bank’s indebtedness portfolio expanded by 20.68% to ₹1,704.56 crore. “Our strategy to diversify lending has paid off, with golden loans witnessing an exceptional maturation of 39.55%, and Self Help Group (SHG) financing rising by 29.02%,” helium noted.
To span the banking gap, particularly successful agrarian and bureau areas, the slope has aggressively pushed its integer infrastructure. Currently, the instauration operates 32 branches and has deployed 19 ATMs, supplemented by 5 mobile ATM vans—funded done NABARD’s Financial Inclusion Fund—to service unbanked villages crossed Visakhapatnam, Anakapalli, and the Alluri Sitharama Raju (ASR) districts.
“Our integer literacy campaigns and the enlargement of services similar UPI, mobile banking, and RuPay debit cards are indispensable to our ngo of providing unafraid banking to each classes of people,” Mr. Tata added.
The bank, is affiliated to 420 societies—including superior agricultural, fishermen, and weaver cooperatives—also prioritised societal information for its members by facilitating beingness and accidental security schemes.
“With a CRAR of 9.42%, we are well-positioned to proceed supporting the cultivation and cooperative sectors successful the region,” helium added.
