Welcome to SIND BANK

18 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 31.03.2015 31.03.2016 31.03.2017
Actuals Actuals Actuals
1 Paid up Capital 384.37 395.58 396.87
2 Reserves 59.37 59.38 59.39
3 Net worth 192.83 251.53 297.65
4 CRAR 13.93 % 13.73% 17.87%
5 Working capital 2835.06 3390.41 3728.42
6 Business Turnover 3203.70 5038.91 4876.09
7 Investments 1189.44 1197.45 1397.75
8 Deposits 2594.57 3109.39 3386.87
9 CASA 618.12 949.69 1006.82
10 CASA Percentage 23.82% 30.54% 29.73%
11 Advances 1463.02 1929.51 1489.23
12 CD Ratio 56.39 % 62.05% 43.97%
13 Gross NPA's Amount 38.16 11.45 0
14 Its Percentage 2.61% 0.59% 0
15 Net NPA's Amount 8.77 7.92 0
16 Its Percentage 0.60% 0.41% 0
17 Profit earned 29.78 45.57 58.05
18 No. of Branches 2 2 2
19 No. of Employees 21 24 21
20 No. of Share Members 4383 4457 4489
21 Business per employee 193.22 209.95 232.19
22 Audit Rating A A A

Capital Adequacy Ratio:

The Capital to Risk Weighted Assets Ratio (CRAR) of the Bank stood at 17.87% as on 31.03.2017.