Dear Valued Shareholders,
I hope this message finds you well. As we mark the conclusion of another successful financial year, I am pleased to share some exciting news regarding the performance of our Cooperative Bank.
I am thrilled to announce that as of 31st March 2024, our bank has achieved a significant milestone by surpassing a business volume of more than Rs. 1052.82 Crores. This remarkable achievement is a testament to the dedication, hard work, and strategic vision of our entire team, including our valued shareholders like yourself.
Your unwavering support and confidence in our bank have played a crucial role in our success, and for that, we are truly grateful. Together, we have navigated through challenges, capitalized on opportunities, and achieved sustainable growth, creating long-term value for all our stakeholders.
As we celebrate this milestone, I want to express my heartfelt gratitude to each one of you for your continued trust, support, and investment in our bank. Your confidence in our capabilities motivates us to strive for excellence and reinforces our commitment to delivering superior returns and value creation.
Looking ahead, we are excited about the opportunities that the new financial year, ending on 31st March 2025, holds for us. We remain committed to pursuing strategic initiatives that will further strengthen our market position, enhance our customer experience, and drive sustainable growth.
Customer-Centric Innovation: We will continue to prioritize innovation and technology to enhance our products, services, and digital channels, ensuring that we meet the evolving needs and preferences of our customers.
Risk Management and Compliance: Upholding the highest standards of risk management and compliance remains paramount. We will continue to invest in robust risk management frameworks and compliance practices to safeguard the interests of our stakeholders.
Sustainable Growth: We are committed to pursuing growth opportunities that are sustainable, responsible, and aligned with our long-term strategic objectives. Our goal is to deliver consistent, profitable growth while creating value for our shareholders and contributing positively to the communities we serve.
Strengthening Governance: We will maintain our focus on enhancing corporate governance practices, transparency, and accountability,
ensuring that we uphold the trust and confidence of our shareholders, customers, and regulatory authorities.
As we embark on this journey of growth and transformation, I invite you to continue your partnership with us and remain actively engaged in our bank's progress. Your insights, feedback, and support are invaluable as we work together to achieve our shared goals and aspirations.
In closing, I want to once again express my sincere appreciation for your unwavering support and confidence in our bank. Together, we have achieved significant milestones, and I am confident that with your continued support, we will reach even greater heights in the years to come.
Thank you for your trust, commitment, and partnership. Warm regards,
Kaushik Shantilal Dalal Chairman – 31.03.2024
Chairman – 31.03.2024
