Reserve Bank Staff & Officers Co.Op. Credit Society Ltd.

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  • Audit

  • M/s. TTamhane and Mehta , Chartered Accountants audited our Accounts as internal Auditor and M/s.Thakurdesai & Associates Chartered Accounts audited our accounts as Statutory Auditors. Both Audits are completed and our Society has been accorded A class as hitherto.M/s VPH Associates, Chartered Accountants audited our accounts as ConCurrent Auditor


    Appropriation of Profit

    After making all the statutory provisions, the net profit of the society or the year ended 31st March , 2025 was Rs.38,45,797.94 by adding the balance profit of the society for the last year i.e. Rs. 2,18,004.15. The amount of the profit Rs. 40,63,799.09 for the year is available for distribution. We recommend that it may be distributed as under: for distribution. We recommend that it may be distributed as under.


    Statutory Reserve fund Rs. 9,61,449.00       
    Dividend @ 20% on share Capital Rs. 23,46,746.00
    Unforseen Losses (10%) Rs. 3,84,580.00
    Education Fund(1%) Rs. 38,458.00
    Rehabilitation Fund(1%) Rs. 38,458.00
    Balance Profit carried forward Rs. 2,94,108.09
       
    TOTAL Rs. 40,63,799.09

Up To: 31/Mar/2025(Approx)

  • Deposit: Rs.5,56,42,31,528
  • Loan: Rs. 160,39,27,686
  • No.of A/C: 46000
  • Members: 8650
  • Branches: 5