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1.
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Leading Urban Cooperative Bank of NCT of Delhi. |
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2.
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The RBI has classified the Bank as Grade I which is the highest
classification given to an urban cooperative Bank in India. |
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3.
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Govt. of NCT of Delhi gave Bank`Best Bank Award
’ for the year 2004-05 and 2007-08. |
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4.
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RBI has been conducting regular statutory inspections after every two years and the
last such inspection (19th) was conducted in
September’2008.
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5.
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The Bank has been getting its
accounts audited every year from the Chartered
Accountants Cos. duly approved by the office of Registrar Cooperative
Societies. Statutory Audit for the year 2009-10 has been done. The
audit classification of the Bank for the last many years is
grade ‘A’. |
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6.
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The Annual General Body Meetings have been held every year.
Last such meeting was held on 06.09.2009.
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7.
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The election of the Board of
Directors has been held regularly in time as per the provisions
of Delhi Cooperative Societies Act and Delhi Cooperative
Societies Rules made there under by the Returning Officer duly
appointed by the Hon’ble Lt. Governor of Delhi. The last
election was held on 31.8.2008 for three years in which Board
was elected unopposed. |
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8.
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The Bank has been earning profit
every year and distributing reasonable dividend to its
shareholders. It paid dividend @ of 18% for 2008-09. Net profit for the year 2009-10 is Rs. 5.47
crores. |
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9.
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The Bank has given the highest
advances to its more than 35000 shareholders (Rs. 191 crores as
on 31.3.10) which shows that inflow of funds has not been
reinvested but the Board of Directors ensures that more and more
financial assistance is given to the needy shareholders who
belong to the lower and middle strata of the society.
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10.
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Bank has
introduced two welfare schemes. Under one scheme scholarships
are given to the brilliant children of members and staff
studying in 9th, 10th, 11th and
12th classes. Those children of members/staff who
get 90% and above marks in the Board exams are given one time special
incentive.Under
the second scheme a grant of Rs. 20000/- is given to the
nominees of the deceased members and loan up to Rs. 50,000/- is
exempted from interest. |
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11.
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First Urban Cooperative Bank to computerize its work since the
year 1996. |
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12.
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Six days banking services in its all branches with public dealing timing 10.00am to 4.00pm
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13.
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First Cooperative Bank in Delhi having
hosted its own website –
www.kangrabank.com
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14.
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Introduction of E- mail services
with its own separate, fast and reliable e-mail domain
i.e.,
chairman@kangrabank.com,
md@kangrabank.com. |
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15.
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Introduction of computerized pass-books to all saving account
holders in all its branches across the city first time in
any co-operative Bank in Delhi.
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16.
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Running its three branches and Head office from its own
Buildings in Delhi. |
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17.
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First Co-operative Bank starting Cheque Truncation System (CTS)
independently.
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18
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The First Cooperative Bank to start Any Branch Banking. |