Pune: Bharati Co-operative Bank Announces 12% Dividend, Business Crosses ₹2,790 Crore
Pune: Bharati Co-operative Bank has declared a 12% dividend for its members at its 55th Annual General Meeting held at Bharati Vidyapeeth’s Dhankawadi Educational Complex. Addressing the meeting, bank Chairman Dr Vishwajeet Kadam said customer service remained the bank’s primary objective and that Bharati Bank was committed to providing credit facilities to the common people. He said the bank had…
Pune: The Bharati Co-operative Bank announced a 12% dividend for its members at its 55th Annual General Meeting. In his address, bank Chairman Dr Vishwajeet Kadam emphasized that customer service is the bank’s main goal and that Bharati Bank is dedicated to providing credit facilities to the common people. The bank, established by Dr Patangrao Kadam, has earned a reputation as a 'bank for the common people'.
Dr Kadam also highlighted the importance of modern banking facilities, regular self-assessment, and training to tackle emerging challenges in the banking sector. The multistate scheduled bank reported a total business of ₹2,790.12 crore by the end of the financial year 2025-26, with a gross profit of ₹23.29 crore and a net profit of ₹14.53 crore.
Notably, the bank's net Non-Performing Assets (NPAs) remained at zero per cent. The bank has maintained its 12% dividend for the second consecutive year, and has introduced mobile banking and UPI services. Branches Ambak and Shivdi underwent renovation with modern facilities. The bank received an 'A' grade in the statutory audit and honored outstanding branches and employees with awards.
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