KARIMNAGAR, OCTOBER 27, 2026: The general body meeting approved the audited Balance Sheet and Profit and Loss Account for the Financial Year 2025-26 of Telangana State Cooperative Apex Bank Limited on Tuesday (October 27, 2026).
It may mentioned here that the TGSCAB earned a net profit of Rs 88.09 crore for the year 2025-26. The General Body Meeting of the Telangana State Cooperative Apex Bank Ltd., Hyderabad, was held through video conference on Tuesday, 27.10.2026, under the chairmanship of K Surendra Mohan, Chairman and Secretary to Government, Agriculture and Cooperation Department, Rahul Raj, Special Commissioner for Cooperation and Registrar of Cooperative Societies, Hyderabad; Y. K. Rao, Managing Director, Telangana State Cooperative Apex Bank Ltd., Hyderabad; Chitra Mishra, District Collector and District Magistrate, Karimnagar, who is also the Chairman of the KDCCB and the Collectors of the eight erstwhile districts in the State, in their capacity as Chairmen of the District Cooperative Central Banks, participated in the meeting.
Karimnagar DCCB earns profit of Rs 55 crore
It was stated that the Karimnagar DCCB with 71 bank branches, 131 Primary Agricultural Cooperative Societies (PACS) and other cooperative institutions in the erstwhile Karimnagar district, is conducting business of Rs. 8,900 crore, serving 7.50 lakh customers, and continues to be a leading bank in the Telangana state and also in the country. It was further stated that the Bank is extending various loans to cooperative societies and for other commercial purposes, in addition to agricultural loans, and earned a net profit of Rs. 55.00 crore during the financial year 2025–26. It was also stated that net non-performing assets had been recorded at 0%.
For the first time in the country, under the PM-KUSUM scheme, loans have been sanctioned for the establishment of solar plants with a total capacity of 5 megawatts on the premises of five Primary Agricultural Cooperative Societies, each with a capacity of 1 megawatt. It was stated that this would enable each society to earn an annual income of up to Rs. 50.00 lakh.
Similarly, loans are being sanctioned by the Bank through Primary Agricultural Cooperative Societies for the construction of godowns with a total storage capacity of 50,000 metric tonnes, comprising 15,000 metric tonnes in Karimnagar district, 15,000 metric tonnes in Peddapalli district and 20,000 metric tonnes in Rajanna Sircilla district.
It was stated that petrol pumps are being operated by 38 Primary Agricultural Cooperative Societies in the erstwhile district, thereby providing services to society members. Surendra Mohan, Secretary to Government, Agriculture and Cooperation Department, specifically commended the District Collector and District Magistrate, Karimnagar, who is also the Chairman of the Karimnagar District Cooperative Central Bank Ltd., Karimnagar, for these initiatives. He requested that necessary measures be taken for the development of cooperative societies.
He also specifically commended the Karimnagar District Cooperative Central Bank for sanctioning agricultural and non-agricultural loans, providing financial services on a par with commercial banks, and serving as a model for other banks. Sri N. Satyanarayana Rao, Chief Executive Officer of the Bank, participated in the meeting.
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