Mumbai Co-op bank with zero NPA gets award

Pratap Cooperative Bank (PCoB), based at Mumbai which has recorded zero non-performing assets (NPAs) for 10 years, has been named for the Maharashtra State Cooperative Banks Association Ltd. (MSCBAL) 23rd award for last fiscal, an official said on Saturday.

“We have been declared the winner of the ‘Padma Bhusna Vasantdada Patil Award’ for FY 2017-18 for the best cooperative bank in the Rs 100 crore-Rs 500 crore deposits category,” PCoB Chairman C.K. Singh told.