Latest news with #SCDCCBank
The Hindu
4 days ago
- Business
- The Hindu
SCDCC Bank conferred with Apex Bank Award
South Canara District Central Cooperative (SCDCC) Bank President M.N. Rajendra Kumar and CEO K. Gopalakrishna Bhat received the Apex Bank Award for the best performing DCC Bank at the annual general meeting of Karnataka State Cooperative Apex Bank on Wednesday, in Bengaluru. Apex Bank President Belli Prakash presented the award at the Bank headquarters in the presence of director and Minister Shivanand S Patil and other directors. A statement from the bank here said that with a history of 111 years, the SCDCC Bank has received the Apex Bank award 23 times so far during the 31 years of leadership of Mr. Rajendra Kumar. The first prize of the Apex Bank was in recognition of the all round growth and 'A' grade achieved in the cooperative audit during 2023-24. The SCDCC Bank has computerised all its 113 branches and introduced several services, including core banking, bank on wheel etc. SCDCC Bank was achieving 100% agriculture loan recovery for the last 30 years.
The Hindu
6 days ago
- Business
- The Hindu
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.
