Tripura Gramin Bank's business increased by 13.6% in '24-'25
Agartala:
Tripura Gramin Bank
(TGB) has increased its business by 13.6% in the last financial year compared to the previous two years and the volume of business rose to Rs 14,850 crore in 2024-25, said TGB chairman Satyendra Singh, reports Biswendu Bhattacharjee.He said TGB has recorded a 275.75% year-on-year growth in net profit, reaching Rs 104.91 crore in FY 2024–25 compared to Rs 27.92 crore in the previous fiscal.
The volume of deposits has also increased by 14.38%, reaching Rs 10,066 crore from Rs 8,800.81 crore last year. However,
credit-deposit ratio
declined to 39.93% from 40.88% in 2024-25 while lending witnessed a boost and disbursement rose to Rs 2,427.86 crore. The bank recorded capital gains and trading profit worth Rs 19.67 crore from investments, while interest income from investments stood at Rs 470.57 crore — up 10.89% from Rs 424.37 crore in 2023–24, he said.Agartala: Tripura Gramin Bank (TGB) has increased its business by 13.6% in the last financial year compared to the previous two years and the volume of business rose to Rs 14,850 crore in 2024-25, said TGB chairman Satyendra Singh, reports Biswendu Bhattacharjee.He said TGB has recorded a 275.75% year-on-year growth in net profit, reaching Rs 104.91 crore in FY 2024–25 compared to Rs 27.92 crore in the previous fiscal.
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The volume of deposits has also increased by 14.38%, reaching Rs 10,066 crore from Rs 8,800.81 crore last year. However, credit-deposit ratio declined to 39.93% from 40.88% in 2024-25 while lending witnessed a boost and disbursement rose to Rs 2,427.86 crore. The bank recorded capital gains and trading profit worth Rs 19.67 crore from investments, while interest income from investments stood at Rs 470.57 crore — up 10.89% from Rs 424.37 crore in 2023–24, he said.
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