Excelsior Correspondent
RAMNAGAR, July 30 The third branch of Devika Urban Co-operative Bank Ltd was inaugurated here today . The function was presided over by Diwakar Gupta Chairman of the Bank.
The Chairman highlighted the achievements of the Bank and revealed that at present the Bank stands at Rs. 26 crore and advances of the bank are over Rs.13.00 crore.
He requested the public of Ramnagar to bestow faith in the Bank and urged them to become a partner of the bank by just contributing minimum of Rs. 500 and maximum of Rs. One lakh in the share capital so that banks business could increase.
The function was attended by Deputy Registrar (Agriculture) Cooperative Societies, Deputy Registrar (Consumers) cooperative societies along with other staff members, prominent citizens, Director of the Bank.
On the occasion, the customers deposited an amount of Rs. 40 lakhs and 3 loan cases amounting to Rs.12.50 lakh were also sanctioned on the spot.
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