Mangaluru, August 22: The Dakshina Kannada District Central Cooperative Bank (SCDCC Bank) announced a historic net profit of Rs 131.14 crore for the financial year 2025-26, marking its highest-ever achievement. 'Sahakara Ratna' Dr. M.N. Rajendra Kumar, the Chairman, declared a 10.5 percent dividend for its member societies during the bank's 112th Annual General Meeting, held on Saturday at its auditorium.
Dr. Kumar highlighted the bank's 112 years of successful operation, upholding core cooperative principles while navigating a competitive banking landscape. The bank exceeded its targets in the reporting year, achieving a total business volume of Rs 20,225.
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đź“° Source: Vartha Bharati DK