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Jharkhand StCB Crosses Rs 4,000Cr Business, earns handsome Profit
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Indian Cooperative
The bank’s advances rose to Rs 1,176.25 crore, compared with Rs 1,141.39 crore a year ago, recording a growth of around 3.1%.
With this, JSCB’s total business (deposits and advances) reached Rs 4,042.53 crore, up from Rs 3,766.00 crore in FY25.
After making a tax provision of Rs 7.22 crore, profit after tax stood at Rs 19.01 crore.
Investments increased to Rs 1,085.40 crore, while reserves and surplus rose to Rs 94.28 crore from Rs 75.19 crore, indicating stronger internal reserves.
The bank’s capital stood at Rs 163.35 crore, while borrowings were Rs 886.53 crore.