Category: Economics

Financial Results for the year ended 31st March 2016 Deposits Rs. 68896.56 Lac Advances Rs. 36063.62 Lac Business per Employee Rs. 517.05 Lac Sl. No PARTICULARS 31.03.2016 AUDITED Rs. Lakhs 1. Interst Earned (i+ii) 7173.00 i. Interest on advances 3916.42 ii. Interest on investments 3256.58 2. Other income 180.29 3. GROSS INCOME (1+2) 7353.29 4. Interest Expended 4339.47 5. Operating Expenses (i+ii) 2197.35 i. Transaction Costs 2008.54 ii. Other Operating Expenses 188.81 6. TOTAL EXPENDITURE (4+5) 6536.82 7. OPERATING PROFIT…

The A & N State Cooperative Bank has opened its’ ATM services at Port Blair, Garacharma I, Garacharma II, Dairyfarm, Rangat, etc for the customers with ‘RUPAY’ branded ATM-cum-Debit cards w.e.f. June 2014. With the introduction of RUPAY branded Debit cards, the customers of A & N SCB can use its’ ATM cards at the ATMs of other banks. Similarly, the ATM cards of other banks may also use the ATM services of our bank for withdrawing cash. Andaman &…