Growth Path
Since its inception in the year 1998, the Guardian Bank has grown in leaps and bounds. This has been possible by able guidance of a very committed board and extremely sincere and untiring young dedicated officers.
PERFORMANCE INDICATORS:
| - |
- |
Inception |
31/03/1999 |
31/03/2000 |
31/03/2001 |
31/03/2002 |
| - |
- |
2/11/1998 |
- |
- |
- |
- |
| 1 |
Number of Members |
2846 |
3290 |
3820 |
4602 |
5640 |
| 2 |
Increase in share capital (INR) |
5.4 million |
7.72 million |
9.95 million |
11.62 million |
12.40 million |
| 3 |
Deposits (INR) |
Nil |
19.98 million |
101.8 million |
110.58 million |
125.63 million |
| 4 |
Cumulative loans & advances (INR) |
Nil |
13.2 million |
47.12 million |
77.06 million |
95.00 million |
| 5 |
Profits (INR) |
Nil |
0.068 million |
3.5 million |
4.67 million |
6.34 million |
| 6 |
Growth in reserves (INR) |
Nil |
0.065 million |
2.30 million |
5.072 million |
8.685 million |
|