UP Co-operative Bank outpaces commercial lenders in loans, advances

Quick Summary:

The Yogi government had first come to power in the state in March 2017.

UPCB has achieved a credit deposit (CD) ratio of over 72 per cent, higher than the overall banking sector’s CD of 61 per cent in UP.

The income of the bank increased from ₹808 crore in 2016-17 to ₹1,265 crore in FY24, while it clocked a net profit of ₹100 crore.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Loans Finance sector Commercial lenders Uttar Pradesh Up news Yogi UP Co-operative Bank

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 16:54:48 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 368 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27539174

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