Paidimadugu PACS in Jagtial district also bags national award
The awards would be presented on March 17 at Gangtok in Sikkim state.
KARIMNAGAR, JANUARY 31, 2026: The Karimnagar District Cooperative Central Bank (DCCB) has bagged the prestigious ‘Best performing cooperative DCCB’ and has been awarded the first prize for the year 2024-25.
National Federation of State Cooperative Banks Limited (NAFSCOB) managing director Bhima Subramanyam has announced the awards recently. Incidentally, the Karimnagar DCCB has bagged the best performing DCCB award for the ninth consecutive year under the dynamic leadership of its former chairman, Konduru Ravinder Rao, who served the DCCB for 20 years, and CEO N Satyanarayana Rao.
The bank’s success is attributed to zero Non-Performing Assets (NPA), high loan recovery rates and strong management. The Karimnagar DCCB had become a role model in the country for its innovative schemes and competing on par with commercial national banks. It has done over Rs 8,000 crore in business till now during this financial year. Several other DCCBs of the country visit the Karimnagar DCCB to learn and adopt its best practices to excel in the cooperative sector.
On the other hand, the Paidimadugu Primary Agricultural Cooperative Society (PACS) in Korutla mandal of Jagtial district also bagged the third prize ‘Subhash Yadav Award’ for being the best performing PACS in the country. The awards would be presented on March 17 at Gangtok in Sikkim state.
