Repco Bank Sets New Record with Highest Profit in History, Union Home Minister Congratulates the Team

Strategic Insights -

Union Home Minister Shri Amit Shah has congratulated Team Repco Bank for achieving a historic milestone by posting a profit of Rs.140 crore in the financial year 2024-25, the highest in the history of the cooperative bank. This achievement sets an example of efficiency, dedication, and professionalism that will serve as an inspiration for the cooperative sector. The bank's success story has been marked by consistent dividend payouts, with a payout of Rs. 22.90 crore for 2024-25, further solidifying its position as a leading cooperative bank.

Key Takeaways:

  • Repco Bank has set a new record by posting a profit of Rs.140 crore in the financial year 2024-25, the highest in the history of the cooperative bank.
  • The bank's success is attributed to its efficiency, dedication, and professionalism, as acknowledged by Union Home Minister Shri Amit Shah.
  • Repco Bank has a long history of consistent dividend payouts, with a dividend of Rs. 22.90 crore paid out for 2024-25.
  • The bank is a Government of India Enterprise, with the Government holding 50.08% of its shares, and is under the administrative control of the Ministry of Home Affairs (MHA).
  • Repco Bank has been a continuous profit-making institution, declaring dividend consistently for more than three decades.
  • Shri E. Santhanam, Chairman of Repco Bank, Shri C. Thangaraju, Director of Repco Bank, and Shri O.M. Gokul, Managing Director of Repco Bank, were present at the occasion along with Union Home Secretary Shri Govind Mohan and Secretary, Border Management, Dr. Rajendra Kumar.

Statistics:

  • Rs.140 crore: Net profit posted by Repco Bank in the financial year 2024-25, the highest in its history.
  • Rs. 22.90 crore: Dividend paid out by Repco Bank for 2024-25.
  • 50.08%: Percentage of shares held by the Government of India in Repco Bank.
  • 2024-25: Financial year in which Repco Bank achieved its highest profit.
  • More than three decades: Length of time Repco Bank has been a continuous profit-making institution, declaring dividend consistently.

Sources:

  • Government of India
  • PIB Delhi
  • [Date: 04 AUG 2025 5:25PM]