Shriram Urban Co-op Bank Recognised for Financial Excellence with ‘Best Bank’ Award
Nagpur, India: Shriram Urban Co-operative Bank in Nagpur has won the ‘Best Bank Award’ (2nd prize) in the Rs 100 crore deposit category. The award was presented by Dr Pankaj Bhoyar, Maharashtra Minister of Co-operation, at an event in Shegaon.
The bank achieved a mixed business of Rs 151 crore with a very low gross NPA of 3.31% and no net NPA. It also has a strong Capital to Risk Assets Ratio (CRAR) of 23.40%. For the second year in a row, the bank has been recognised as ‘Financially Sound and Well Managed’.
This award recognises the bank's solid financial health and effective management.
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