One of the largest UCBs in India – SVC Cooperative Bank has been awarded the ‘Best Annual Report’ award in the ‘Large Urban Cooperative Banks’ category for the financial year 2023-24.

This award was presented at the National Cooperative Banking Summit held in Lucknow. The award was presented by Nafcub President Lakshmi Das and received by the bank’s Assistant General Manager for Finance Yogesh Vaishampayan and Chief Information Security Officer Tanmay Mudur.

The news was published through the bank’s official Twitter. SVC Cooperative Bank earned a net profit of Rs 218 crore and outperformed the business by over Rs 35,000 crore.