Paidimadugu Primary Agricultural Cooperative Society (PACS) in Korutla mandal of Jagtial district also bagged the third prize, ‘Subhash Yadav Award’
KARIMNAGAR, MARCH 17, 2026: Another feather in the cap of the Karimnagar District Cooperative Central Bank (DCCB) as it bagged the prestigious NAFSCOB’s All-India’s Best DCCB award for the year 2024-25. Incidentally, the KDCCB has won the NAFSCOB national award consecutively for the ninth time and set its mark felt in the Indian cooperative sector with its outstanding performance in all parameters.
At a function organised by NAFSCOB in Gangtok of Sikkim state on Tuesday, Sikkim Minister for Cooperation Arun Kumar Upreti presented the award to Karimnagar DCCB CEO N Satyanarayana Rao in the presence of former DCCB and NAFSCOB chairman Konduru Ravinder Rao, General Managers B Sridhar and Md Riyazuddin, and DGM Y Brahmanandam. Others who participated in the meeting include; MAFSCOB managing director Bheema Subramanyam, Sikkim State Cooperative Bank MD Pema Chenzom, Chairman of Sikkim cooperative bank (SISCO) chairman Dup Pintso Kaleon, SISCO Advisor Chaitanya Sharma, Board of Director, NABARD Dr Satish Marathe, Rajya Sabha member and Satara DCCB chairman Nitin Laxman Rao Jadhav and others.
The Karimnagar DCCB’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 any commercial national banks of the district by providing excellent services to the customers in a friendly manner. 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.
