Agartala, Dec. 21: Tripura Gramin Bank has made a profit of Rs 48 crore, having neutralised “non-performing assets” or “bad loans” upto the month of September this year.
“Our growth has been recorded at 60 per cent while repayment of loan has come up to about Rs 7 crore; this segment needs further growth,” said chairman-cum-managing director of the bankUpendra Shavar. He was speaking to reporters last evening, on the 38th anniversary of the bank.
“As part of our corporate social responsibility, we have provided an orphanage with hearing and speech impaired children with a water refinement machine; besides, we are catering to the needs and services of 3.7 lakh job card holders under the MGNREGA scheme for rural employment,” said Shavar.
He added that in 669 out of 1,038 gaon panchayats the bank will disburse payment to MGNREGA job-card holders.
“We have already introduced ATM services and core banking facilities in more than 50 branches but by the end of the current financial year, all the branches will offer ATM and core banking facilities,” said Shavar.
He said for the benefit of the farmers, the bank would introduce Rupee Card which will enable them to draw loans from ATM-like counters.