Loan and Advance
Loan and advance outstanding
The bank has disbursed Rs. 4209.26 lacs during the year under report in various sector i.e. business, professional & self employed, cash credit, housing loan, Vehicle Loan, Loan Against Property, Agriculture infrastructure and Against warehouse receipt loan scheme.
Income recognition & assets classification
Prudential norms relating to income recognition and assets classification prescribed by RBI have been followed by the bank. Accordingly the advances portfolio of the bank has been classified as on 31.03.2025 as under.
(Amount in lacks)| 1 | Standard assets | 4155.93 |
| 2 | Sub standard assets | 2.18 |
| 3 | Doubtful assets | 51.15 |
| 4 | Loss assets | 0.00 |
| Total Loan | 4209.26 | |
Our Bank Gross NPA 1.27% and Net NPA 0%.
Loan recovery
The bank on continuous basis has given due emphasis and prority on recovery of loans and advances. This resulted is 91.42% recovery on 31st march 2025.