BY TC News Desk
Agartala, 9th May 2025: Tripura Gramin Bank has achieved remarkable growth in the 2024-25 financial year witnessing a 13.60% increase in total business, bank’s Chairman Satyendra Singh said today.
Speaking at a press conference here this morning, Singh announced that the bank’s total business surged from Rs 12,398.55 crore in the previous fiscal year to Rs 14,085.14 crore as of March 31, 2025.
Highlighting key financial indicators, Singh noted a significant 14.38% increase in deposits, which rose from Rs 8,800.81 crore as of March 31, 2024 to Rs 10,066 crore in the current fiscal year. However, the credit-deposit (CD) ratio showed a slight decline dropping from 40.88% to 39.93% over the same period.
Tripura Gramin Bank founded on December 21, 1976 is jointly owned by the Government of India (50%), Punjab National Bank (35%) and the Tripura Government (15%). The bank operates its headquarters in Agartala and manages an extensive network of 150 branches, 12 USBs, and 3 regional offices spread across eight districts of Tripura including Agartala in West Tripura district, Udaipur in Gomati district and Kailashahar in Unakoti district.
At today’s press conference, General Manager Anup Kumar Saha joined Singh in presenting the bank’s fiscal achievements, underlining its commitment to regional financial empowerment. Saha emphasized that aside from traditional banking revenue, Gramin Bank earned Rs 1.75 crore through the sale of third-party products including those from PNB, MetLife, Bajaj, Canara, HSBC, and Care National.
While the bank has demonstrated solid financial performance, the slight dip in the CD ratio signals a shift in lending trends. Singh reaffirmed Gramin Bank’s dedication to supporting local businesses and individual borrowers, ensuring sustainable financial growth in Tripura.
“Our objective remains to provide accessible and impactful financial services to communities in Tripura,” Singh stated, adding that innovative financial solutions and expansion strategies are in the pipeline.
