Dharamshala, Oct. 6 -- The Managing Director of the Kangra Central Cooperative Bank (KCCB), Jafar Iqbal, today assured depositors and stakeholders of the bank's strong financial health and reliability, emphasizing that the institution remains fundamentally sound and trustworthy.
Addressing a press conference at the bank's head office in Dharamshala, Iqbal said that following the suspension of the Board of Directors on the Chief Minister's instructions, a series of strict reforms have been initiated to make KCCB one of the best-performing cooperative banks in the country.
Presenting a comparative report on the bank's performance over the past four years, he said that net Non-Performing Assets (NPAs) had come down sharply from 15 percent as...