Andhra Pragathi Grameena Bank has received SKOCH Order of Merit as well as Inclusive India Finance India Award during 2015-16, bank chairman D. Sampath Kumar Chary said on Friday.

The bank received SKOCH Order of Merit for successfully implementing financial inclusion and covering 1,899 villages allotted to it and bagged the Inclusive Finance India Award for use and implementation of information technology in spreading financial inclusion

Releasing the financial results for 2015-16 to the media at Kadapa, Mr. Sampath Kumar Chary said APGB transacted a total business of Rs.17,838 crore as on March 31, 2016, with a quantum jump of Rs. 2,703 crore over the corresponding period last year.

Deposit level

The deposit level reached Rs. 9,595 crore, a quantum jump of Rs. 1,782 crore over the previous year, registering a growth rate of 22.80 per cent.

source: http://www.thehindu.com / The Hindu / Home> National> Andhra Pradesh / by Special Correspondent / Kurnool – June 18th, 2016