Breaking News


Vikas Gupta. Dated: 4/11/2018 12:31:53 PM

In the weekly section
of Talk Show, Youngbites Correspondent interacted with Praveen Kumar Sharma, Chairman Citizen Cooperative Bank. Here is what he said:

VG: Citizen Cooperative Bank has become online after your joining as Chairman, this is a big achievement. What is you say?
PS: Citizen cooperative Bank has not only become online but various other facilities like Core Banking Solutions, NEFT, ATM, Swipe Machine, e-commerce etc are also available in the bank. You can also shop from the Citizen Cooperative Bank cards anywhere.
VG: What is the status of membership of the bank during your tenure?
PS: Earlier there were 36,447 memberships but now it has risen to 39,161. The share capital has risen to 1 crore 61 lakh.
VG: Till this year’s closing CCB is in profit or loss?
PS: As far as profit-loss, the bank is going under Rs 2 Crore 31 Lakh loss, which will be recovered within 4-5 months.
VG: The CCB has lots of Non Performing Assets cases. How are you dealing with them?
PS: Non Performing Assets accounts are closed after three months. A new team has been framed for recovery. Earlier the NPA was Rs 52 crore , but with the efforts of new team, NPA has come down to Rs 31 Crore.
VG: What are the new schemes introduced in the bank to increase the deposits?
PS: We have Daily Deposit Scheme in which small shopkeepers can deposit on daily basis. Other than this, our bank is the only with lowest loan interest rates.


Face to Face

Face to Face with rakesh Gupta, rajesh bittu /IAF strike in Balakot best tribute to martyrs: Rakesh Gupta, Rajesh Bittu... Read More





Daily horoscope