Bank Performance – 2024
Introduction
We, with our sustained efforts and backed by customer confidence, have created a name for ourselves in our area of operation.
For the first 8 years, we operated as a single-unit bank. However, with the liberalization of Branch Licensing policies by the RBI in 2008, we received 2 licenses for opening new branches during the financial year 2008-09.
By expanding into new locations and acquiring more customers, we have been able to stabilize and grow year-on-year, reaching a total of 23 branches across Telangana and Andhra Pradesh.
With the continued support of the regulators, we have consistently performed well and introduced many new initiatives over time
Bank Performance – 2024
Introduction
We, with our sustained efforts and backed by customer confidence, have created a name for ourselves in our area of operation.
In the first 8 years, we worked as a single-unit bank. However, with the liberalization of Branch Licensing policies by the RBI in 2008, we gained 2 licenses for opening new branches during the financial year 2008-09.
By entering new locations and acquiring more customers, we have been able to stabilize and grow year-on-year, reaching a total of 23 branches across Telangana and Andhra Pradesh.
With the active support of the regulators, we have continuously performed well and introduced many new initiatives over time.
Financial Year Performance
The performance of our bank during the financial year, in regards to various parameters, is as follows:
- Growth in number of branches: From 0 to 23 branches
- Continued customer acquisition across new markets
- Performance improvement across key operational metrics
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