Profile
The Bank has 8 branches in mumbai and 2 branches in Thane District. In addition to banking for conveneyance of our customers the Bank is also providing FOLLOWING insurance and other services.
| CATERGORY | TIE UP WITH | |
|---|---|---|
| 1. | Life Insurance | Max New York Life Insurance Co. |
| 2. | General Insurance | Future Generali India Insurance Co. Ltd. |
| 3. | Mutual Fund | HDFC Bank Ltd. |
Bank has consisting making profit. The financial highlights are as under :-
| ( Rs in lacs) | |||||
| 31/3/2007 | 31/3/2008 | 31/3/2009 | 31/3/2010 | 31/3/2011 | |
|---|---|---|---|---|---|
| Share Capital | 336.11 | 363.29 | 451.88 | 490.57 | 619.65 |
| Reserves | 1240.81 | 1349.98 | 1529.73 | 1498.39 | 1604.90 |
| Deposits | 15584.04 | 18080.69 | 19881.41 | 23975.37 | 26498.36 |
| Advances | 11193.55 | 12122.02 | 13568.29 | 15471.82 | 17595.17 |
| Net NPA (in %) | 6.74% | 4.06% | 7.15% | 4.31% | 2.01% |
| Working Capital | 17570.00 | 20773.64 | 22556.73 | 26524.97 | 29326.33 |
| Net Profit Before Tax | 106.83 | 204.38 | 145.89 | 69.45 | 101.51 |
| Net Profit After Tax | 47.90 | 108.68 | 70.34 | 53.34 | 48.35 |
| Capital to Risk Assets Ratio (CRAR) | 9.37% | 9.84% | 10.33% | 9.40% | 9.87% |
Audit Class “A” Since 1985-86.
RBI has awarded grade I to the Bank after recent inspection.
Copyright 2008 @ The City Co-Operative Bank Ltd., Mumbai
