Nagar urban bank earns profit of 10 crores

Ahmednagar - a leading multistate co-operative bank ‘The Nagar Urban Co-operative Bank’ gets Profit of 10.8 crores in the FY 2015-16. Chairman and MP Mr. Dilip Gandhi announced this in the 106th AGM which was held recently. Further he added that bank is to expanding its branches at Surat and Ahmedbad in Gujarat State. He also announced 20% dividend for the shareholders. The bank has been selected by "Banking Frontire" institue for the best CBS Implimentation Award 2015-16.