Tripura Gramin Bank Records 13.60% Business Growth & Deposits Grew by 14.38% in FY 2024–25, Says Chairman Satyendra Singh

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Posted in Featured, Northeast, Tripura
Abhijit Nath, NET Correspondent, Tripura

Agartala, May 09, 2025: Tripura Gramin Bank has reported a remarkable 13.60% increase in its total business for the financial year 2024–25, according to Chairman Satyendra Singh.

Addressing a press conference in Agartala today, Singh revealed that the bank’s total business rose from ₹12,398.55 crore in the previous financial year to ₹14,085.14 crore as of March 31, 2025—an increase of ₹1,686.59 crore.

Singh detailed the composition of the bank’s shareholders, stating, “Tripura Gramin Bank was established on December 21, 1976, and is jointly owned by the Government of India (50%), Punjab National Bank (35%), and the Government of Tripura (15%).” The bank operates with its head office in Agartala and a wide network that includes 150 branches, 12 ultra-small branches (USBs), and 3 regional offices spread across eight districts of Tripura.

Speaking on the bank’s performance, General Manager Anup Kumar Saha noted a significant rise in deposits. “Deposits grew by 14.38% over the fiscal year—from ₹8,800.81 crore on March 31, 2024, to ₹10,066 crore on March 31, 2025,” he said.

However, the bank’s Credit-Deposit (CD) ratio has seen a slight dip. Saha said, “The CD ratio stood at 40.88% at the end of the last fiscal year, which has marginally declined to 39.93% as of March 31 this year.”

Gramin Bank has also bolstered its income through third-party financial products. “The bank earned ₹1.75 crore in commission by marketing products from reputed companies like PNB MetLife, Bajaj, Canara HSBC, and Care National,” Singh added.

Officials affirmed their commitment to expanding financial inclusion and sustaining growth in Tripura’s rural banking sector in the upcoming years.

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