Grameen Bank earns Rs14-cr profit

Updated At : 05:41 AM May 26, 2018 IST

Tribune News Service

Jammu, May 25

J&K Grameen Bank has earned a profit of Rs 14.10 crore in the 2017-18 fiscal.

This was disclosed at a board meeting of thebank in Jammu.

At the meeting, the directors approved the audited financial results of the bank for the year ending March 31, 2018.

Commenting on the results and financial performance, bank chairman RK Chhibber said: “During the financial year 2017-18, the total business of the bank was Rs 4,999.44 crore. The advances and deposits of the bank are Rs 1,594.81 crore and Rs 3,404.63 crore, respectively. The bank has earned a profit of Rs 14.10 crore.”

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Grameen Bank earns Rs14-cr profit

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