During the year 2020-2021 Covid-19 pandemic situation, the Bank has provided continuous banking services viz., KCC lending-Recovery, Milk payment to dairy members & other allied digital services like ATM, Micro ATMs, PoS transactions, BHIM/UPI app, mobile banking, transactions through Mobile Van etc have been provided to the valuable customers without fail. The bank has emphasized on digital transactions due to following of covid-19 guidelines & make proper arrangement for the same.
The bank has opened Total no. of 6698 & 276 Savings Account & Current Account during the year 2020-2021 respectively which leads to increase in low cost deposit of the bank with Rs.41crores during year which impact on Net Profit. And Gross NPA also decreased from 11.60% to 10.44% during the bank. Up to last year 2019-2020 bank was in operating profit with volume of Rs.9.02crores & Loss of Rs.16.75crores which wiped off during the year 2020-2021 with Operating Profit of Rs.9.43crores & bank has achieved Net Profit of Rs.1.70 crores.
For encouraging digital transactions, bank has placed new 30 Micro ATMs & deployed new 9 PoS terminals. Bank has issued 65718 RuPay Debit cards & 10620 RuPay Kisan Credit Cards to the customers of the bank up to end of the year.
Bank has implemented Green PIN facility at ATMs for RuPay KCC activation & also started On-boarding to Bharat Bill Payment Systems (BBPS) through which customer can make household bill payments instantly.
There are total no. of 60 special camps & 33 Nukkad natak have been organized by bank under “Going Digital” programme for providing literacy in rural areas & encouraging digital transaction through audio visual pictures & drama respectively. Due to this, there are total cumulative no. of 17540 & 4166 enrollments done in PMSBY & PMJJBY schemes respectively.