WDCCB Crosses Rs. 2000 Crore Turnover
Warangal: Warangal District Co-Op Central Bank -WDCC Bank has achieved a significant milestone by surpassing a turnover of Rs. 2000 crore, as announced by TG Cab Chairman Ravinder Rao. This achievement is a result of the combined efforts of the people of Warangal and Hanumakonda.
Rao was speaking at a generalbody meeting held at the WDCC Bank headquarters in Hanumakonda on Monday, where he chaired the meeting as the Chairman of the Telangana State Co-operative Apex Bank.
Expressing gratitude to everyone who contributed to this success, Rao highlighted the bank's growth from a turnover of Rs. 893 crore to the current milestone.
The meeting presented the bank's performance report, audited financial statements for the year 2024-25, and details of the bank's deposits, expenses, profits, and assets.
The bank, through its 32 branches, provides free banking services to members of primary agricultural cooperative societies, handloom cooperative societies, and other cooperative societies in the erstwhile Warangal district. In addition to agricultural loans, the bank offers a wide range of commercial banking services, competing with other commercial banks. Moreover, the bank offers higher interest rates on deposits compared to other banks.
CEO Vazir Sultan, Vice Chairman kunduru Vemkateshwar Reddy, DGM Ashok, NABARD DD directors, officials from NABARD Chandra Shekhar, AGM Krishna Mohan, Madhu, Raju, Gampa Sravanthi, Gottam Sravanthi, and representatives from various cooperative societies partcipated.
Post a Comment