Thursday 21st, September 2017
canara news

SCDCC Bank chairman Rajendra Kumar gets FCBA national award

Published On : 09 Aug 2017   |  Reported By : Canaranews network


Mangaluru: Chairman of South Canara District Central Cooperative (SCDCC) Bank Ltd, Rajendra Kumar, has won the 11th annual 'Frontiers in Cooperative Banking Award - 2017' being given annually by Mumbai-based Banking Frontiers. Kumar has been chosen for the award under the national category, 'best Chairman'. He is credited with leading SCDCC Bank to grow parrallel to nationalized banks by adopting modern technology in the bank. He has successfully spread banking concept in rural land rural centres alike.

He has transformed the bank into people-friendly institution by adopting creative schemes. After he took over as chairman of the bank, since the last 18 years, SCDCC Bank has been bagging Karnataka State Cooperative Apex Bank's award for being best district central cooperative bank in the state annually and consecutive awards from National Bank for Agriculture and Rural Development.

When Kumar took over as chairman of the bank, SCDCC Bank had only 25 branches with total turnover of Rs 110 crore, and net profit of the bank stood at Rs 42 lac. At present, the bank has 102 branches, total turnover has touched Rs 5583 crore with net profit of Rs 24.07 crore.







More News

Maunatul Masaakeen Talipadpu, Blood Help Line Karnataka hold blood donation camp
Maunatul Masaakeen Talipadpu, Blood Help Line Karnataka hold blood donation camp
Headmaster of high school arrested for sexual harassment
Headmaster of high school arrested for sexual harassment
Shotput champion Nishel D'Souza wins gold at state athletics
Shotput champion Nishel D'Souza wins gold at state athletics

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.