Tripura Gramin Bank reports 275% surge in net profit, business grows by 13.6%

Tripura Gramin Bank has recorded a remarkable 275.75% year-on-year (YoY) growth in net profit, reaching ₹104.91 crore in FY 2024–25 compared to ₹27.92 crore in the previous fiscal.

The bank's total business rose by 13.60%, standing at ₹14,085.14 crore as of March 31, 2025, up from ₹12,398.55 crore in March 2024.

Addressing the media, the bank’s Chairman, Satyendra Singh, said that deposits grew by 14.38% YoY, reaching ₹10,066 crore from ₹8,800.81 crore in the previous fiscal year. 

However, the Credit-Deposit (CD) ratio slightly declined to 39.93% from 40.88% during the same period.

Singh highlighted that the bank earned ₹1.76 crore in commission from the sale of third-party products, including insurance services provided by PNB MetLife, Bajaj, Canara HSBC, and CARE.

In addition, the bank recorded capital gains and trading profit worth ₹19.67 crore from investments, while interest income from investments stood at ₹470.57 crore—up 10.89% from ₹424.37 crore in FY 2023–24.

The bank’s operating profit increased by 24.80%, climbing from ₹153.04 crore in FY 2023–24 to ₹191.11 crore in FY 2024–25. Lending also witnessed a boost, with disbursals touching ₹2,427.86 crore during FY 2024–25 compared to ₹2,192.64 crore in the previous year.

Performance metrics also improved at the branch and employee levels. Per-branch business rose to ₹93.90 crore from ₹82.66 crore, while per-employee business increased to ₹15.56 crore from ₹13.96 crore year-on-year.

“Our Capital to Risk Weighted Assets Ratio (CRAR) stands at an impressive 24.50%, far exceeding the minimum regulatory requirement of 9% under Basel III norms. This reflects the bank’s strong capital base and its ability to meet financial obligations comfortably,” Singh added.