Welcome to SIND BANK

19 Years of successful Banking

Customer Friendly Bank

SIND BANK - TOGETHER WE GROW...

ABOUT US

BANK's BRIEF HISTORY

Ever enterprising and capable group of Sindhi Community of Twin Cities of Hyderabad and Secunderabad joined together to start a Bank of their own in 1998 with the noble aim of taking the bank and the banking to the common people by adopting the principles of co-operation in banking. As a result of their continued persuasion of this idea, Sind Bank took birth and threw open its Doors for business from 14.10.1998. The Bank has successfully completed 18 years of quality service in Co-operative Banking.

Vision:

To become leader among the Co-operative banks by latest technology adoption.

Mission:

To sustain growth and extend quality services for creating value for the customers, share holders and the Society by excelling in performance.

Bank Financials:

(RUPEES IN LAKHS)
SR NO Particulars 31.03.2016 31.03.2017 31.03.2018
Actuals Actuals Actuals
1 Paid up Capital 395.58 396.87 393.51
2 Reserves 59.38 59.39 59.4
3 Net worth 251.53 297.65 334.51
4 CRAR 13.73% 17.87% 18.88%
5 Working capital 3390.41 3728.42 3577.24
6 Business Turnover 5038.91 4876.09 4958.04
7 Investments 1197.45 1397.75 657.48
8 Deposits 3109.39 3386.87 3196.21
9 CASA 949.69 1006.82 667.51
10 CASA Percentage 30.54% 29.73% 20.88%
11 Advances 1929.51 1489.23 1761.83
12 CD Ratio 62.05% 43.97% 55.12%
13 Gross NPA's Amount 11.45 0 0
14 Its Percentage 0.59% 0 0
15 Net NPA's Amount 7.92 0 0
16 Its Percentage 0.41% 0 0
17 Profit earned 45.57 58.05 39.19
18 No. of Branches 2 2 2
19 No. of Employees 24 21 19
20 No. of Share Members 4457 4489 4533
21 Business per employee 209.95 232.19 260.95
22 Audit Rating A A A

Capital Adequacy Ratio:

The Capital to Risk Weighted Assets Ratio (CRAR) of the Bank stood at 18.88% as on 31.03.2018.