The Erode District Central Cooperative Bank (EDCCB) posted a net profit of ₹15.02 crore for the financial year 2025–26, officials announced during the bank’s 46th Annual General Body Meeting held on Perundurai Road on September 23.
Releasing the annual performance report and delivering the presidential address, bank officials stated that EDCCB stands as the fourth-largest central cooperative bank among the 23 operating in Tamil Nadu.
The bank leads the State in disbursing ₹1,564 crore in interest-free crop loans to 1,14,747 farmers, ₹164 crore in working capital credit to 22,430 farmers, ₹52 crore in medium-term loans to 5,262 farmers, ₹312 crore to Women Self-Help Groups (SHGs), and ₹1,012 crore in direct jewel loans.
Highlighting operational efficiency, officials noted a recovery rate of 99% in crop loans and 98% across overall loan portfolios. The bank successfully brought down its Net Non-Performing Assets (Net NPA) to 0.05%, bagging the “Best Performance in NPA Management” award from the Tamil Nadu State Apex Cooperative Bank.
The bank also secured third place statewide for sending the maximum number of staff for capacity-building programs at the Agricultural Cooperative Staff Training Institute (ACSTI), Chennai. Additionally, it received a performance award on August 15, 2026, for excellence in SHG loan disbursements.
Top officials from the Cooperative Department, Agriculture Department, NABARD, and the bank management were present during the general body proceedings.
Erode District Central Cooperative Bank registers net profit of ₹15.02 Crore
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