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 31.03.2014 31.03.2015 31.03.2016
Actuals Actuals Actuals
1 Paid up Capital 379.45 384.37 395.58
2 Reserves 59.36 59.37 59.38
3 Net worth 150.95 192.83 251.53
4 CRAR 11.28 % 13.93 % 13.73%
5 Working capital 2576.30 2835.06 3390.41
6 Business Turnover 3005.00 3203.70 5038.91
7 Investments 903.24 1189.44 1197.45
8 Deposits 2330.45 2594.57 3109.39
9 CASA 574.88 618.12 949.69
10 CASA Percentage 24.67% 23.82% 30.54%
11 Advances 1454.12 1463.02 1929.51
12 CD Ratio 62.40 % 56.39 % 62.05%
13 Gross NPA's Amount 69.96 38.16 11.45
14 Its Percentage 4.81% 2.61% 0.59%
15 Net NPA's Amount 26.64 8.77 7.92
16 Its Percentage 1.83% 0.60% 0.41%
17 Profit earned 52.37 29.78 45.57
18 No. of Branches 2 2 2
19 No. of Employees 24 21 24
20 No. of Share Members 4237 4383 4457
21 Business per employee 166.87 193.22 209.95
22 Audit Rating A A A

Capital Adequacy Ratio:

The Capital to Risk Weighted Assets Ratio (CRAR) of the Bank stood at 13.73% as on 31.03.2016.