Rajasthan State Cooperative Land Development Bank organized 61st annual general meeting – Udaipur Kiran Hindi

Rajasthan State Cooperative Land Development Bank organized 61st Annual General Assembly

Jaipur, 3 October (Udaipur Kiran News). The 61st annual general meeting of Rajasthan State Cooperative Land Development bank was held on Friday in the auditorium of Apex Bank. 26 out of 39 members participated in the general meeting organized in the presence of Bank Administrator and Additional Registrar (II) Sandeep Khandelwal and in the presence of Bank Managing Director Jitendra Prasad. In the General Assembly, the bank’s balance of 2024-25, profit-loss account and income-expenditure report against the budget, loan disbursement program and other subjects were unanimously approved.

It was told in the general assembly that in the year 2024-25, Rajasthan State Cooperative Land Development Bank has been in net profit of Rs 216.05 lakh. The bank proposed a target of distribution of Rs 400 crore in the next year 2026-27 by the bank. In compliance with the announcement made by Chief Minister Bhajan Lal Sharma during the budget session, the CHIEF Minister Awadhipar Interest Relief Monitoring Agreement Scheme, expressing gratitude in the general assembly for 2025-26, was described as a lifeline for a long-term credit structure. Also, a decision was taken unanimously to send a proposal to the administrative department to extend the period of implementation of the scheme by 31 March, 2026. In the general assembly, many other important decisions were taken by the members to further strengthen the long -term credit structure.

On this occasion, the Chief of Primary Cooperative Land Development Banks, who performed outstanding in the Chief Minister Awadhipar Interest Relief Monitoring Agreement Scheme 2025-26, were honored by providing trophy and citation. In the lump sum agreement scheme, 5 Primary Cooperative Land Development Banks, who performed best based on recovery percentage, were awarded to Bilara (90.81%), Chittorgarh (81.10%), Jodhpur (67%), Bikaner (65%) and Jaisalmer (60%) respectively and Sikar (Rs 28 crore) on the basis of highest cash, Jalore (Rs 28.37 crore), Rajamanda, Rajamandi (Rs 28.37 crore). (Rs 7.20 crore), Churu (Rs 5.66 crore) and Jaipur (Rs 5.57 crore) PLDB was honored. Whereas, 3 Primary Cooperative Land Development Bank Chittorgarh (86.51%), Bikaner (71.42%) and Bilada (60.26%) were honored for performing well in the recovery percentage in the cooperative year 2024-25. Jalore Primary Cooperative Land Development Bank was also honored for performing very special performances in the lump sum agreement scheme 2025-26.

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(Udaipur Kiran)

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