SCDCC Bank to open three more branches

Friday, March 16th, 2018

Mangaluru: The South Canara District Central Co-operative Bank Ltd. (SCDCC Bank) will open three more new branches in Dakshina Kannada and Udupi district. With this, the number of branches will increase to 105. Addressing a press meet here on Thursday, SCDCC Bank president M N Rajendra Kumar said that the branches will come up at […]

SCDCC Bank Rs 6000 crore turnover in 2016-17

Tuesday, August 15th, 2017

Rajendra Kumar chosen for Cooperative Banking Award

Monday, August 14th, 2017
M.N. Rajendra Kumar

Mangaluru : President of the South Canara District Central Cooperative (SCDCC) Bank M.N. Rajendra Kumar has been chosen for the Best Chairman National Award of Frontiers in Cooperative Banking Award, 2017. The award, instituted by Global Frontiers magazine, Mumbai, is in recognition of Mr. Kumar’s efforts in turning SCDCC Bank on a par with nationalised […]

SCDCC Bank organised workshop on GST for cooperative societies

Tuesday, July 18th, 2017
Rajendra Kumar

Mangaluru : Cooperative banks should be cautious while lending loan against pledged gold ornaments, South Canara District Central Cooperative (SCDCC) Bank chairman M N Rajendra Kumar said. He was speaking at a workshop on GST organised for presidents and CEOs of all primary agriculture credit cooperative societies of Dakshina Kannada and Udupi districts here on […]

SCDCC Bank recorded net profit Rs 21.84 crore in financial year 2016-17

Tuesday, May 30th, 2017

Mangaluru :  SCDCC Bank Chairman M N Rajendra Kumar announced, profit and loss accounts of financial year 2016-17  on Monday. The bank gained profit of Rs 21.84 crore with a total turnout of Rs 5,883.66 crore, Rs 3,201.64 crore deposits and Rs 2,382.05 crore advances. Addressing reporters  Rajendra Kumar said despite demonetisation, the bank has […]

Employee register a case against Chairman M.N. Rajendra Kumar

Sunday, March 5th, 2017
.N. Rajendra Kumar

Mangaluru : The police on Friday registered a case against Chairman of the South Canara District Central Co-Operative Bank Ltd. M.N. Rajendra Kumar for allegedly threatening a bank employee for causing loss to the bank. In a complaint filed before Mangaluru North Police on Thursday, Chandraprakash, an office-bearer of the employees union of the bank, […]

Loan repayment time limit should be extended: Dr M N Rajendra Kumar

Monday, January 16th, 2017
Scdcc bank

Mangaluru: “The time limit to repay the various loans of farmers has been extended till February. This should be extended for two more months,” said SCDCC Bank President Dr M N Rajendra Kumar. He was speaking after inaugurating state level workshop on problems facing by co-op societies in changed economical conditions in the country and […]

Banks pulled up for failing to link Aadhaar to NREG workers’ accounts

Friday, December 30th, 2016
nalin kumar kateel

Mangaluru: Dakshina Kannada Zilla Panchayat Chief Executive Officer M R Ravi expressed displeasure at the failure of the bankers to seed Aadhaar number of job card holders under Mahatma Gandhi National Rural Employment Guarantee (MGNREG) Scheme to their accounts. Speaking at district-level review committee meeting for banking development and release of Nabard’s potential-linked credit plan […]

ED, IT Officials continue to check-out SCDCC Bank records for 3rd day

Thursday, December 29th, 2016

Mangaluru: Officials from Enforcement Directorate (ED) and Income Tax (IT) department continue to check-out the documents, records of South Canara District Credit Cooperative (SCDCC) Bank at its head office in the city for the third day on Wednesday in connection with the Rs 386.65 crore deposit made within five days (from November 8 to 14) […]

ED, Income Tax officials continue investigation at SCDCC Bank

Wednesday, December 28th, 2016

Mangaluru: Officials from the Enforcement Directorate and the Investigation wing of the Income Tax Department continued their investigation of the alleged money laundering by the South Canara District Central Cooperative Bank at its head office in Mangaluru on Tuesday. The officials had visited the head office on Monday too in connection with the investigation. However, […]

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