Uttarakhand Gramin Bank has organised a felicitation ceremony in Dehradun to honour it’s ‘super performers’. The bank chairman Sanjay Agrawal inaugurated the event along with directors Rajeev Gupta (AGM,RBI), Jugal Kishor (AGM,NABARD), Aryendra Rastogi and Jagdeesh Kumar (GM,UGB). Agrawal gave an account of the bank’s achievements during the financial year 2014-15.
Registering a growth rate of 15.36 per cent, the bank’s business touched Rs4895.89 crore while it earned a pre-tax profit of Rs6.90 crore during the said period. Carrying out it’s development banking responsibility in the wake of June 2013 disaster, UGB clocked the highest CD Ratio of 55.79 per cent among all banks in the state.
Out of loans disbursed worth Rs790.35 crore, 77.15 per cent were given to priority sector. The bank also opened 26 new branches, recruited 126 new staff and promoted 48 old ones. In Pradhan Mantri Jan Dhan Yojna(PMJDY) the bank opened 1.83 lakh new accounts and issued 1.23 lakh RUPAY Cards to it’s customers while 65,000 customers were given the benefit of low cost PMSBY.