Moodbidri: MCC bank meet commenced
Moodbidri: The mahasabha of MCC bank commenced at Kalpavruksha hall in Moodbidri. Ex MLA K. Amaranath Shetty presided over the meeting.
Later he spoke and said that the bank has gained 6.12 crore profit last year. Sine past 15 years share holders are given 25% dividend.
On behalf of year centenary celebration, members were given 100 rupees 2 shares as bonus. The bank is working on ’ A’ grade for the past 13 years now. Member’s numbers have increased from 5826 to 7222.
The deposit is increased prom 62 crores to 178 crore rupees. 95% loans are recovered and there is no loan that has been not recovered. He said.
Members discussed about the matters like ATM, membership amount, staff recruitment etc.
Vice president George Monis, director Ganesh Nayak, Dr.M Panduranga Malya, Premanada Prabhu, Prema, S.Salian, CEO Chandrashekar and others were present.
Later he spoke and said that the bank has gained 6.12 crore profit last year. Sine past 15 years share holders are given 25% dividend.
On behalf of year centenary celebration, members were given 100 rupees 2 shares as bonus. The bank is working on ’ A’ grade for the past 13 years now. Member’s numbers have increased from 5826 to 7222.
The deposit is increased prom 62 crores to 178 crore rupees. 95% loans are recovered and there is no loan that has been not recovered. He said.
Members discussed about the matters like ATM, membership amount, staff recruitment etc.
Vice president George Monis, director Ganesh Nayak, Dr.M Panduranga Malya, Premanada Prabhu, Prema, S.Salian, CEO Chandrashekar and others were present.
- Published in Moodabidri