The Karimnagar District Cooperative Central Bank (KDCCB) has been recognized for its exceptional performance during the financial years 2020-21 and 2021-22. It has received the All-India second DCCB and first best DCCB awards from the National Federation of State Cooperative Banks (NAFSCOB).
The awards were presented at the NAFSCOB annual general body meeting in Jaipur. The Minister for Agriculture Lalchand Katariya and other dignitaries handed over the awards to the CEO of Karimnagar DCCB, N Satyanarayana Rao. This recognition was given in the presence of various officials including the NAFSCOB chairman, Konduru Ravinder Rao.
In addition to KDCCB, the Choppadandi Primary Agricultural Cooperative Society also received the Best Performing PACS award out of 95,000 PACS in the country. The chairman of PACS, K Malla Reddy, accepted the award.
The Telangana State Cooperative Apex Bank (TSCAB) and Cooperative Training Institute (CTI) of TSCAB in Hyderabad were also acknowledged as the best performing state cooperative bank and training institute for the mentioned financial years. The managing director of TSCAB, N Muralidhar, received this recognition.
It is worth mentioning that Karimnagar DCCB has been honored with the all-India award for seven consecutive years among all 352 DCCBs in the country. The bank has consistently demonstrated outstanding performance and has been receiving NAFSCOB annual performance awards since 2015-2016.