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.
