Bank Profile & Genesis
Our Genesis

Founded in the year 1947Contai Co-operative Bank Limited stands as a testament to the resilience and vision of a community-driven banking initiative. Emerging amidst the backdrop of India’s newfound independence, the Bank was established to provide a financial backbone for the rural and urban populace of Contai and its surrounding areas. Over the decades, this cooperative endeavor has transformed into a thriving financial institution, becoming the largest urban co-operative bank in Eastern India, with 16 branches spread across West Bengal.

Built on the core principles of trust, inclusivity, and service, the Bank has been a vital force in empowering individuals, businesses, and communities. By bridging the gap between traditional banking values and modern financial requirements, we have carved out a legacy of excellence and innovation.

Bank Profile

Contai Co-operative Bank Limited is a Tier-III Co-operative Bank, proudly retaining an ‘A’ Audit Class for consistent compliance and operational excellence. Guided by our cooperative ethos, we have demonstrated an unwavering commitment to maintaining financial stability, customer-centricity, and technological advancements.

Financial Highlights (as of Financial Year 2023-24)
CategoryDetails
TierTier-III Bank
Branches16
Members82,165
Audit ClassA
Share Capital₹19.13 Crore
Reserve Fund₹192.78 Crore
Asset Size₹1906.04 Crore
Deposits₹1325.12 Crore
Loans & Advances₹857.81 Crore
% Gross NPA4.52%
% Net NPA(-) 7.53%
CRAR25.42%
Net Profit₹23.39 Crore
Turnover₹150.42 Crore
Key Highlights of Our Bank
  1. Member Strength: With 82,165 members, the Bank continues to reflect the trust and participation of its cooperative community.
  2. Strong Financials: Boasting an impressive Net Profit of ₹23.39 Crore and a robust CRAR of 25.42%, we are a model of financial prudence and stability.
  3. Sound Asset Management: Our Asset Size of ₹1906.04 Crore, alongside a Reserve Fund of ₹192.78 Crore, highlights the Bank’s consistent growth and financial security.
  4. Efficient NPA Management: Maintaining a Gross NPA of 4.52% and achieving a Net NPA of (-) 7.53%, the Bank demonstrates unparalleled credit discipline and asset quality.