Thane,
TJSB Sahakari Bank Ltd announced on Saturday that its total business for fiscal year 2021-22 was at Rs 20,059 crore, up by 13.46 per cent over Rs 17,680 crore of last year. Addressing the news conference here, Bank chairman Vivekanand Patki said that the Bank's total advances grew by 19.39 per cent year-on-year to Rs 6,723 crore and deposits grew by 10.69 per cent YoY to Rs 13,336 crore.
While, its net profit for the year declined to Rs 155 crore from Rs 163 crore of last year, he said. Its net NPAs (non-performing assets) were nil, he added. Patki informed that to give a better services to its customers the Bank was switching over to latest CBS (core banking system), which will be implemented this year.