KDCCB competes with commercial banks: Chairman Konduri Ravinder Rao
Update: 2019-07-27 01:03 IST
Nizamabad: TSCAB chairman Konduri Ravinder Rao on Friday said that the bank is earning good profits by competing with the commercial banks in the district.
He was addressing the TSCAB's general body meeting held on Friday. He said," the bank currently has a net profit of Rs 17 crore and its branches have increased to 62. The 14-year-old bank has net worth of Rs 70 crore.
The bank's vice chairman Uchidi Mohan Reddy said the number of ATMs should be increased. Bank CEO Sathyanarayana Rao, DCV Manoj Kumar and P Chidambaram were also present at the event. NABARD officer P Anant, DCMS Chairman Muduganthi Surender Reddy and Deputy GM Sridhar were among those present.