Tripura Gramin Bank (TGB) performs well in the financial year 2024-2025, results out

By Our Correspondent

Agartala, May 9, 2025

Tripura Gramin Bank (TGB), one of the most successful gramin banks in the country owned by government of India (50%), Punjab National Bank (35%) and Tripura Government (15%), has performed impressively in the financial year 2024-2025. Announcing the positive results achieved by the TGB in last financial year ended on March 31 2025, the chairman of the TGB Satyender Singh and general manager Anup Kumar Saha told a media conference today that in the last financial year the bank made a net profit of Rs 104.91 crores which marks a major increase over the net profit made by the bank of only Rs 27.92 as on March 31 2024. The bank disbursed a substantial amount of Rs 2427.86 crores under various lending schemes as against Rs 2192.64 crores in the previous financial year that had ended on March 31 2024. What is most significant is that the net Non-performing Assets (NPA) of the bank was nil as on March 31 2025 even though the gross NPA stood at Rs 157.06 crores that was a reduction from 4.69% to 3.91%.

“Tripura Gramin Bank had been launched on December 21 1976 and over the past 49 years the bank has registered an impressive growth ; the bank now has presence all over the state through 150 branches, 12 ultra small branches and 3 regional offices functioning at Agartala, Kailasahar and Udaipur” said chairman Satyender Singh and general Anup Kumar Saha. They added that in the last financial year till the last date of March 31 this year the TGB’s business had grown by 13.60% and deposit had grown by 14.38%.

The chairman and general manager, however, conceded that the credit-deposit ratio marginally declined in the last financial year as on March 31 2025. In the previous financial year the CD ratio had been 40.88% but that came down to 39.93% in the just-concluded financial year. The bank authorities said that the TGB invest in many other portfolios other than normal banking business and asserted that the bank has been contributing to the growth and development of state’s economy over the past 49 years and will continue to do so.

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