ADVERTISEMENT
DCC bank posts Rs 3.67 cr profit
B J Dhanyaprasad
DHNS
Last Updated IST
Chikkamagaluru District Cooperative Central Bank (DCC) Chairman S L Dharme Gowda inaugurates the AGM of the bank.
Chikkamagaluru District Cooperative Central Bank (DCC) Chairman S L Dharme Gowda inaugurates the AGM of the bank.

The Chikkamagaluru District Cooperative Central Bank (DCC) has posted a net profit of Rs 3.67 crore during 2018-19, said Bank Chairman S L Dharme Gowda.

Speaking at the AGM of the bank, he said the bank has a capital investment of Rs 1,034.97 crore. It has lent Rs 583.72 crore in loans, of which Rs 424.98 crore is farm loan.

The DCC Bank is planning to open 10 new branches in the coming year. As many as 72 meritorious students who excelled in SSLC and PU were felicitated on the occasion.

ADVERTISEMENT

Bank vice president Dinesh Hegde, MLC S L Bhoje Gowda and others were present.

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks

ADVERTISEMENT
Read more
(Published 13 September 2019, 23:26 IST)