The Guntur District Cooperative Central Bank Ltd., Guntur is having 42 branches, and 167 PACS catering to the needs of around 3,00,000 farmers.
The total deposits of Bank as on 31.03.2022 stood at Rs. 1275.49 crores. The total loan outstanding of the Bank as on 31.03.2022 stood at Rs. 3731.59 crores.
The total borrowings of the Bank as on 31.03.2021 was Rs. 902.57 crores . The total investments of the Bank as on 31.03.2021 was Rs. 335.99 crores
The Bank has not defaulted to APCOB and also not defaulted in maintenance of CRR & SLR during the year.
The Agricultural Gold loans are being issued at 7 % and Non- Agricultural gold loans at 9.00%. And per gram rate for Agrl. Gold loans is is Rs.3300/- or 70 % of Bullion value, whichever is less and for Non –Agrl. Gold Loans is Rs. 3300/-
The CRAR as on 31.03.2021 is 10.30% .…