11-08-2025
SCDCC Bank bags Apex Bank award for the 23rd time
The South Canara District Central Cooperative (SCDCC) Bank has been conferred with the Apex Bank award for the 23rd time for its performance during 2023-24.
A release from the bank here said the Karnataka State Cooperative Apex Bank chose SCDCC Bank for its overall performance during the year under reporting. SCDCC Bank has deployed state-of-the-art technology and novel schemes to serve its customers in Dakshina Kannada and Udupi districts, it said.
SCDCC Bank was given an 'A' certificate in the cooperative audit for the year. The bank had achieved 100% loan recovery in the year under reporting, a feat being achieved for the past three decades.
Serving customers in urban as well as rural areas through 113 branches under the leadership of M.N. Rajendra Kumar, SCDCC Bank has been conferred with the Apex Bank award 22 times before. It was also awarded the APY National Award for the implementation of the Central government's Atal Pension Yojana for the fourth time.
Mr. Rajendra Kumar will receive the award at the annual general meeting of the Apex Bank on August 13 in Bengaluru.
