Dear Shareholders,

On this auspicious occasion of Holi I would like to wish you all a very happy and colourful Holi. The festival of colours brightens up the atmosphere and generates new energy transforming life into a new promise, to work harder and deliver the best results.

As we enter the end of the first quarter of this calendar year all our energies are concentrated to achieve the best results and set forth more promising benchmarks for the new financial year. During the past one month, our efforts have shown positive results and we have touched upon two long awaited achievements alongwith some other upbeat initiatives. Some initiatives worth mentioning are as below:

  • Bank has successfully tested the RuPay ATM cum Debit Card especially for PoS transactions and very soon the same shall be launched for the general public.

  • Our Bank has become the first Urban Co-operative Bank in Uttar Pradesh to be authorized to provide LPG subsidy to the customers under the Direct Benefit Transfer Scheme.

  • The Bank continues to organize Aadhar Camps at its branches, giving the general public an opportunity to enroll for the Aadhar Cards, the latest been at the Barabanki Branch of the Bank wherein around 145 enrolments were made for the Aadhar Cards.

  • Distribution of cheques of Financial assistance to chikan and zardoji artisans and assisting them in setting up their own independent work units.

  • Participation of the Bank at the "Dausar Vaishya Nav Yuvak Sangh" to promote the Banking products amongst the business class and thereby contribute in expanding the trade and industry of the state.

  • Very recently, we have also been successful in getting a Trademark registration for our 'E-Lobby' the first of its kind Electronic lobby which provides banking services to the customers 24X7.

Besides, the above initiatives, the Bank is also focusing hard on increasing its business figures, with a special attention to loans and advances. To further promote the loans during the crucial March ending season, the Bank has waived off the processing fees on the retail loans and is hopeful that the financial year shall close with some notable figures.

Keeping the spirits of the festivity high and drawing inspiration from them, we hope to provide the best facilities and services to our customers and truly epitomize this year's promise of 'Tathastu' to all the dreams of our customers and leap ahead closer to our 'Mission Everest'.

Once again, wishing you a great year ahead.

Thank You

Sadhu Sharan