Chairman’s Statement

I am convinced that there could not have been a better opportunity than now, to ignite the transformational journey of a self-reliant India under the Atmanirbhar Bharat Mission. A growth journey based on our own capabilities and internal strength will be more inclusive and, undeniably, more stable.

Sivasubramanian Ramann Chairman & Managing Director

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Directors Report

The Board of Directors of the Bank takes pleasure in presenting its Report on the overall business and operations of your Bank for the financial year ended March 31, 2021.

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V.Satya Venkata RaoDy. Managing Director
Sudatta MandalDy. Managing Director

Financial Performance

Asset Base

The Asset Base of the Bank, inching towards the landmark of ₹2 lakh crore, stood at ₹1,92,322 crore at the end of FY 2021, a Y-o-Y growth of 2.6%.

Business Performance

Institutional Finance accounts for approximately 92% of total outstanding portfolio at the end of FY 2021.

Promotional &
Developmental Initiatives

Promotional & Developmental (P&D) initiatives of the Bank are woven around Mission Swavalamban, which has four distinguishing pillars viz., Sampark, Samwad, Suraksha and Sampreshan (4S) and a fifth pillar viz., “Sangam”, a confluence of four pillars.