Bank has opened 9,94,276 accounts under PMJDY scheme and has mobilized deposits to the tune of Rs.377.77 Crore.The Bank opened 257263 SB accounts during the year 2022-23 and covered the uncovered persons in the operational area of the Bank.The Bank has introduced Whatsapp Banking during the FY 2022-23.The Bank has introduced e-Fixed Deposit during the FY 2022-23 and mobilized an amount of Rs.10.63 crores through e-Fixed Deposit.The Bank has introduced Digi Khata during the FY 2022-23 and opened 11,466 accounts under Digi Khata with a total amount of Rs.12 Crores.The Bank has provided Internet Banking facility to 97062 customers, as against 29629 previous year.The Bank has provided Mobile Banking facility to 4.04lakhs customers, as against 2.06previous year.The Bank has issued Rupay Cards to 16.58 Lakh customers.
WHISTLE PHONE FINDER PRO APK REGISTRATION
APGB Digi Khata, BHIM QR code, WhatsApp Banking, E-Fixed Deposits, UPI & Mobile Banking registration through Aadhar, Dual Interface Cards, UPI Auto Pay, RTGS/ NEFT facility, Internet Banking, BHIM UPI, Micro ATMs, Mobile Banking, Missed Call Banking, e-Passbook facilities etc., for the benefit of our customers.
19,115.35 Crore, of which disbursements to Priority Sector Advances are Rs. The Credit disbursements of the Bank for 2022-23 are Rs.Bank has issued 7,02,644 Kisan Credit Cards involving an amount of Rs.8551.45 Crore.Bank has launched Self Help Entrepreneurship (SHE) programme for providing financial assistance upto Rs.20 Lakh to Women entrepreneurs in Rural areas.Keeping the empowerment of rural women in the top most agenda, the Bank has linked 1,29,192 Self Help Groups with outstanding loan amount of Rs.5,021.96 Crore as on.Bank has extended Financial Assistance to weaker sectionsto a tune of Rs.12331 Crore constituting 56.40%& SF/MF outstanding stood at 53.22% as against benchmark of 9.50% for FY 2022-23.Priority Sector Advances and Agriculture Advances touched a level of Rs.19923 Crore and Rs.16899Crore respectivelyconstituting91.12% & 77.29% of total advances, as against the RBI benchmark of 75% & 18% respectively.The Bank is offering highest Interest rate to the extent of 7.35% pa on Deposits for Senior Citizens for one-year period (6.85% pa to others) which is one of the highest among all the Public Sector Banks.Low Cost Deposits constitute 37.06% of total Deposits with improvement of 276 bps during FY 2022-23.Bank’s Business outreach further widened with total deposit accounts of about 67.64 lakh and loan accounts ofabout 16.10 lakh.Bank achieved a Deposit Level of Rs.19792 Crore & Advances level of Rs.21864 Crore as on.The Total Business of the Bank touched Rs.41656 Crores as on, with a quantum increase of Rs.2398Crore over the previous year.Bank has opened 996 BC outlets &98 ATMs, out of which 3 are Mobile ATMs, therebyincreasing its reach and accessibility to the populace.Bapatla and as on date 8 Regional Offices were set up for administrative convenience. Bank has a wide network of 552 branches spread over 10 districts namely 1.Anantapuramu, 2.* Gross NPA is 1.35%, Net NPA is Nil &Provision Coverage Ratio is 100 % * Bank is having Net Worth of Rs.3789.26 Crores * Bank has earned net profit of Rs.595.15 Crores & Operating Profit of Rs.1072.23 Crores * Achieved business of Rs.41655.37 Crores It gives me great pleasure to place before you, the highlights of Bank’s performance during the financial year 2022-23 and thank the stake holders for their valuable guidance & esteemed customers for providing the opportunity to serve them & our employees whose work with dedication has helped to achieve the phenomenal results.
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