Hearty welcome to all of you on behalf of the Board of Directors of the bank and its staff members to this 57TH Annual General Meeting.

You are aware that the F.Y. 2016-17 has been a challenging year for entire banking industry due to demonetisation and its impact on the economy due to surplus funds in the banking system. In spite of above situation, your bank showed a satisfactory growth during the financial year.

On this backdrop, our bank has continued to maintain growth in the year under review. The deposits have reached Rs. 337.59 crores. The advances stood at Rs. 252.60 crores.