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EN
Mumbai DCCB posts Rs 15K Cr business; impressive profits
['Amit Awana']
Indian Cooperative
The Mumbai District Cooperative Bank has scripted a strong growth story, crossing the Rs 15,000 crore business mark in the financial year 2024–25.
According to the audited financial results, the Bank achieved a business mix of Rs 15,175.43 crore, registering a 10.43% year-on-year growth.
Deposits rose by Rs 610.32 crore to Rs 8,738.08 crore, while loans and advances increased by Rs 822.61 crore to touch Rs 6,437.35 crore.
Despite a dip in operating profit, the Bank recorded a net profit of Rs 20.25 crore, reflecting a 7.43% rise over last year.
Notably, both gross NPA (15.73%) and net NPA (10.30%) showed significant improvement, declining by 26.22% and 36.82%, respectively, signaling stronger financial discipline and recovery efforts.
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