kdccb

Chairman's Message

The success of the Cooperatives does make a difference in people’s Economic, Social and Cultural lives. It has the potential to compliment the roles of Public, Private Sectors, and mobilizing the capacities of individual households. It is for this reason too that that the Governments should provide an enabling environment for the Development of Co-operatives.

          KONDUR.RAVINDER RAO

Information

AS OF 31.03.2012

SHARE CAPITAL 4941.27 lakh
RESERVES :3476.84 lakh
DEPOSITS :27130.36 lakh
LOANS & ADVANCES :46651.27 lakh
INVESTMENTS :14567.66 lakh
WORKING CAPITAL :58737.52 lakh
NET PROFIT :346.51 lakh
CRAR :9.03% lakh


As of 31.03.2011

Share Capital 4803.29 lakh
Reserves 2886.86 lakh
Deposits 25470.10 lakh
Loans & Advances 38986.38 lakh
Investments 15642.05 lakh
Working capital 51492.55 lakh
CRAR 7.61%
Net Profit 551.21 lakh


Share capital Rs 4571.72 lakh
Reserves Rs 2760.27 lakh
Deposits Rs 23213.40 lakh
Loans & Advances Rs 25264.87 lakh
Investments Rs 14395.52 lakh
Working Capital Rs 37062.97 lakh
CRAR (%) 8.13
Net Profit Rs 300.24 lakh


COMPUTERISATION

Karimnagar DCCB is one of the six DCCBs selected for Core Banking Solutions Computerization in the state in the first phase.
The Managing Committee vide Resolution No.12 in its meeting held on 31.03.2009 has also approved the proposal for Core Banking Solutions and also requested the APCOB to sanction the financial assistance for the project. The APCOB has taken decision to take up the project on behalf of all the DCCBs in the state. Accordingly, the APCOB has selected LASER SOFT INFOSYSTEMS Ltd, Chennai as Software Vendor.
In this regard, the Bank has also formulated a District Level Core Committee for implementation of the project “DCCB Computerization Project (DCCB-CBS) duly nominating the following Board members and Senior officers of the Bank.

1 Sri K.Ravinder Rao Chairman, KDCC Bank Ltd., Karimnagar
2 Sri V.Bhanu Prasad Chief Executive Officer, KDCC BANK Ltd., Karimnagar
3 Sri B.Kankaiah Asst.General Manager (Dev)/Convener
4 Sri K.Madhukar Reddy Manager (Bkg)/Member
5 Sri N.Satyanarayana Rao Manager (L&A)/Member
6 E.Manohar Reddy Director/Member
7   Nodal Officer, APCOB/Member
8   Representative of M/s Laser Soft Infosystems, Chennai, Consultant-cum-Service Provider (CSP)

    The said Committee in its meeting held on 31.03.2010 has discussed the Project plan for data migration and related aspects and the same was discussed in the Branch Manager’s meeting held on 11.04.2010.
Accordingly, the tender process selection of Data entry agency for data migration/data digitalization was completed and the said project was entrusted to M/S Sai Digital Graphics, Hyderabad. Data migration in respect of (23) out of (29) branches has been initiated.


 

 
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