The District Co-operative Central Bank Ltd., Kurnool has established on 08.02.1919 and started its functioning. It is having jurisdiction of 894 villages, 54 Mandals in 99 Primary Agricultural Co-operative Credit Societies & 1 RFCS, 1 JFCS, 1FSCS with network of 23 Branches. It is providing loans for Agriculture Crop Loans, Investment Credit such as Dairy, Sheep, Minor Irrigation, Tractors, Poultry, Horticulture etc., to the farmers through PACS and directly from Branches in addition to it the Bank is providing different loaning products to farmer members through PACS and Directly from Bank Branches under ST Others i.e.. Rythu Nestham, Karshaka Jyothi etc.,
KEY PARAMETERS – COMPARATIVE POSITION AT A GLANCE FOR ALL THE FY TILL 2023-24:
(Rs. in lakhs)
| Sl.No | Particulars | 2022-23 | 2023-24 |
| 1 | Share Capital | 29291.05 | 33333.16 |
| 2 | Reserves | 5000.20 | 5395.39 |
| 3 | Total Own Funds | 34291.25 | 38728.55 |
| 4 | Deposits | 71423.72 | 75001.24 |
| 5 | Loans & Advances | 274264.91 | 316984.80 |
| 6 | Total Business | 345688.63 | 391986.04 |
| 7 | Borrowings | 225703.40 | 283352.68 |
| 8 | Investments | 25989.97 | 29662.56 |
| 9 | Recovery | 78.30% | 78.08% |
| 10 | Profit | 1103.79 | 973.96 |
| 11 | Accumulated Losses | – | – |
| 12 | CRAR | 11.31% | 10.69% |
| 13 | Total NPA | 12614.69 | 19349.62 |
| 14 | NPA % on Loans & Advances(Gross NPA %) | 4.60 | 6.10 |
| 15 | Net NPA % | 3.23 | 4.50 |
| 16 | Net Profit [After Provisions and Income Tax] | 165.51 | 41.54 |
| 17 | Audit Classification | A | A |