Swot Analysis of Malwa Gramin Bank

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Malwa Gramin Bank is a Regional Rural Bank sponsored by State Bank of Patiala In order to provide excellent service to its customers, Malwa Gramin Bank became a 100% computerised Bank on 13.10.2005. To further improve its customer service, the Bank has migrated to CBS on 29.07.2010 against Govt of India dead line of Sept, 2011. Malwa Gramin Bank is one of few RRBs who have migrated to CBS during 2010-11 and have the privilege of accomplishing the glorious achievement. Our services stands at par with the other Commercial Banks. At present Bank has 56 branches out of which 51 branches are in Rural Area, 4 in semi urban area and 1 in urban area, catering to the needs of different sections of the society.  

Bank Launches Personal Loan SchemesIf you need money for any of your personal needs, please feel  free to contact us We offer  exclusive financing schemes for all of your needs, The bank launches the Personal loans for Rural as well as General Public.| |

| Board of Directors|
| Schemes|
| Interest|
| Costumer Grievance|
| RTI Act|
| Recruitments|
| Tenders|
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Malwa Gramin Bank is a Regional Rural Bank sponsored by State Bank of Patiala. It was established on 27.02.1986 with a capital of Rs 1.00 crore. In order to provide excellent service to its customers, Malwa Gramin Bank became a 100% computerised Bank and migrated to CBS on 29.07.2010. Our services are at par with the other Commercial Banks. It has total 56 branches in five districts of Punjab, out of which 51 are in rural area, 4 in semi urban area and 1 in urban area. Its deposits and advance as on 31.03.2012 are Rs 649.66 crore and Rs 581.40 crore respectively. It is a profit earning bank and its profit and reserves as on 31.03.2012 are Rs 9.83 crore and Rs 97.37 crore respectivelly.. Bank Launches Personal Loan Schemes

  Chairman Desk|

Respected Shareholders,It is an honour to place before you the Bank’s 26th Annual Report for the year 2011-12 and share some significant issues. During the year 2011-12 Bank’s deposits have grown to Rs.649.66 crores and advances to Rs. 581.40 crores. YOY growth in deposits and advances is 15.22% and 23.28% respectively. Our CD ratio has also improved from 83.64% to 89.49%. The business per branch has increased from Rs. 19.54 crores to Rs. 21.98 crores. Productivity per employee is also showing improvement with per employee business rising to Rs. 5.78 crores from Rs. 4.60 crores. We have earned all time high net profit of Rs. 9.83 crores and our net profit per employee has also increased from Rs. 4.16 lacs to Rs. 4.62 lacs. Despite tremendous growth in advances we have been able to bring down the gross NPA ratio from 1.86% to 1.69% and net NPA ratio from 1.38 to 1.10.| It is my privilege to share some other achievements of the Bank which are important in the functioning of the Bank: - a.       We have provided for leave encashment of the staff to the extent of Rs.  3.06 crores done 1sttime in the Bank.b.       A provision of Rs.1.40 crores has been made for enhanced amount of gratuity payable to the employees.c.       Three new branches namely Cheema, Saron and Dhuhar have been opened during the year.d.       Process for recruitment of 26 Office Assistants and 36 Officers in Scale I to III including specialist cadre in Information Technology has been initiated.e.       As a responsible entity, to undertake financial inclusion in the rural areas we have opened 67724 No Frill Accounts, provided credits by way of issuing 1763 General Credit Card (GCC) and 1677 Swarozgar Credit Card amounting to Rs.431.55 lakh and Rs.415 lakh respectively.All this has been possible due to the collective efforts of staff, focussed business strategies and highly motivated employees.Despite the above achievements, challenges lie ahead in the year 2012-13 are growth in CASA deposits, fulfilling financial inclusion obligations, increase in other income, increase in net profit per...
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