Vasavamba Co-Op Bank

Recognized as one of the most strong and stable banks in co-operative sector achieving sustained growth.

Important Highlights as on 31-03-2024 In Lakhs
Number of Shareholders	3242	CRAR	14.00%
Regular Members	2576	Deposits	113.84
Associate Members	666	Advances	61.56
Area of Operation	Hassan District except Alur Taluk	Gross Profit	1233.39
Number of Staff	16	Net Profit	182.39
Net Worth	1028.65	Gross NPA	6.35%
Audit Class	‘A’	Net NPA	0.76%

Comparative Financial Statistics In Lakhs
Sl. No.	Particulars	31-03-2022	31-03-2023	31-03-2024
1	Paid up Share Capital	288.23	376.16	474.00
2	Reserves	211.05	271.75	315.53
3	Other Reserves	427.65	524.48	623.73
4	Net Worth	635.76	861.15	1028.65
5	CRAR	12.39%	13.68%	14.00%
6	Gross Profit	1009.04	1078.90	1233.39
7	Net Profit	160.22	172.18	182.39
8	Deposit	9341.03	10163.38	11384.21
9	Advances	6034.28	6862.14	8086.73
10	Gross NPA	6.84%	6.11%	6.35%
11	Net NPA	1.97%	0.43%	0.76%
12	CD Ratio	64.60%	67.52%	71.03%
13	Share Dividend	15%	20%	20%
14	Audit Classification	“B”	“A”	“A”