Pics: Spoorthi Ullal

Daijiworld Media Network – Mangaluru (ANK)

Mangaluru, Apr 3: SCDCC Bank gained a record breaking profit of Rs 33.65 crore in the 2020-21 financial year compared to Rs 30.83 crore in last financial year.

Addressing media here on Saturday April 3, president of SCDCC Bank, Dr M N Rajendra Kumar said, “Despite of Covid pandemic, SCDCC Bank managed to perform well by securing record breaking profit. The bank has done a total business of Rs 10,100.30 crore with a growth of 19.30% and bank aims of touching Rs 11,000.00 crore in the next financial year. The bank in its 105 branches has seen deposits of Rs 4948.34 crore.

“The bank also bagged 19 Apex Bank awards, 17 NABARD awards, FCBA national award for two consecutive years and Banko Blue Ribbon award. As many as 1,32,832 farmers were given loans under Mangala Kissan credit card and 87,620 beneficiaries availed schemes for accident under Kissan credit card.

“The bank has planned certain projects like introducing interbank mobile payment system, internet banking, mobile banking in Udupi, 10 new branches, new building for Siddapura branch, ATM in every taluk and Bharat Bill payment system,” he said.