Hyderabad: Hyderabad district collector Dr Priyanka Ala directed HDCCB officials to increase deposits and expand lending activities to provide loans to eligible beneficiaries across various sectors.
Presiding over the annual general body meeting of the Hyderabad District Cooperative Central Bank (HDCCB) in Begumpet on Tuesday, Priyanka Ala said that there is a need to strengthen cooperative banking services by increasing deposit mobilisation, expanding lending operations and taking special measures to systematically enhance bank staff capabilities.
Congratulating the bank on securing an ‘A’ rating from NABARD, the Collector stressed the need to address the imbalance between loans and deposits by increasing deposit mobilisation and diversifying the loan portfolio.
She directed officials to organise awareness programmes at the Primary Agricultural Cooperative Societies (PACS) level to educate society representatives about loan eligibility criteria and regulations.
During the meeting, Collector Dr Priyanka Ala approved the statutory audit for the 2025–26 financial year, ratified the appointment orders of 26 staff assistants and reviewed pending recovery statements from 30 affiliated PACS.
The Collector called for special efforts to revive growth in gold loans and strengthen retail deposit mobilisation.
HDCCB chief executive officer (CEO) Bhaskara Subrahmanyam revealed that the bank's total turnover stood at Rs 2,958.75 crore as of September 30, 2026.
Later, the Hyderabad Collector participated via video conference in the 27th annual general body meeting of the Telangana State Cooperative Apex Bank.
During the meeting, she briefed the participants on the performance and institutional progress of the Hyderabad District Cooperative Central Bank.