Gayatri Co-operative Urban Bank has reported a significant 25 per cent year-on-year growth in its overall business for the financial year ending 31st March, 2025.
With this, the bank has achieved a major milestone by surpassing a business mix of over Rs 3,000 crore, positioning itself as the largest urban cooperative bank in Telangana.
This growth has enabled Gayatri Co-op Urban Bank to surpass AP Mahesh Urban Cooperative Bank in terms of overall business mix for FY 2024–25.
The bank’s total business, comprising deposits and advances, grew from Rs 2,526.72 crore in FY 2023–24 to Rs 3,150.5 crore in FY 2024–25. This represents a robust increase of Rs 623.78 crore, or 24.69 per cent.
The surge was led by a 28.79 per cent rise in loans and advances, reaching Rs 1,353.32 crore, alongside a 21.76 per cent increase in deposits, which stood at Rs 1,797.18 crore.
Vanamala Srinivas, CEO, Gayatri Bank, termed FY 2024–25 a ‘landmark year’, stating, “The growth in business, combined with robust profitability and strong customer trust, positions us well for the future. We remain committed to expanding our reach, strengthening our services, and continuing our digital transformation journey.”
He further mentioned that the bank currently operates 62 branches across Telangana and Andhra Pradesh and has received approvals to open 15 new branches during the current financial year; 10 in Telangana and 5 in Andhra Pradesh. The bank aims to achieve a business mix of Rs 4,000 crore within the same year.
As it approaches its 25th anniversary on 11th September, 2025, the bank plans to celebrate the milestone at its head office in Jagtial.
Other performance indicators reflect continued growth momentum. The bank’s balance sheet expanded to Rs 2,017.41 crore, marking a 21.13 per cent increase. Earning assets rose by 24.54 per cent, showcasing effective management of income-generating resources. Term deposits registered a 22.08 per cent rise, while gold loans grew significantly by 46.07 per cent, indicating growing customer trust in secured loan offerings.
Importantly, the bank maintained strong asset quality, with Gross NPAs held at just 1.5 per cent, reflecting prudent credit management. Profitability also remained robust, with net profit rising by 16.17 per cent to Rs 26.07 crore.
With consistent financial performance, a solid governance framework, and a focus on customer-centric banking, Gayatri Co-operative Urban Bank is well-positioned for sustained success in the years ahead.
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