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Highlights of the Bank

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Our Journey & Ideals

Inspired by the lofty ideals for the betterment of the economic and material well-being of civic employees, this institution was registered under the Maharashtra Co-operative Societies Act in the year 1952.

After having obtained a licence from the Reserve Bank of India, it undertook Banking Business and opened a number of branches in Brihan Mumbai with an object to inculcate the habit of banking and thrift in Municipal employees as also to meet their credit needs & make all types of banking facilities available to its members and depositors, who are not only Municipal Employees but are from the general public as well—since the Bank is open for all.

Financial Position Highlights

Comparative growth over the last two financial years (Rs. In Crores)

Financial Indicator
31-03-2024 (Prev)
31-03-2025 (Curr)
Share Capital
139.31
154.11
Reserve & Other Funds
725.49
791.88
Deposits
4,257.62
4,384.55
Investments
2,019.00
2,150.31
Loans & Advances
3,071.75
3,123.21
Working Capital
5,805.05
5,719.93
Net Profit (Before Tax)
107.12
112.28
Net Profit (After Tax)
76.45
78.69
Total Membership
71,013
68,740
Branches
21
21
Dividend Declared
15% + 3%
15% + 4%
Gross N.P.A.
4.23%
4.54%
Net N.P.A.
NIL
NIL
Capital Adequacy Ratio
15.55
14.33
Audit Classification
A
A

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