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News Entry# 542915
Feb 26 (07:17) Railway Co-operative Credit Society: 115 Years of Empowering Employees (www.bhaskar.com)
IR Affairs
SECR/South East Central
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News Entry# 542915   
  Past Edits
Feb 26 2024 (07:17)
Station Tag: Bilaspur Junction/BSP added by AdittyaaSharma^~/1421836
Stations:  Bilaspur Junction/BSP  
read full article... रेलवे को-ऑपरेटिव बैंक:4 सदस्यों ने 115 साल पहले शुरू किया रेलवे को-ऑपरेटिव बैंक, अब 2500 करोड़ का वर्किंग कैपिटल, इस साल 100 करोड़ मुनाफा

The Railway Co-operative Credit Society (Bank) was established 115 years ago by four individuals to protect railway employees from money lenders and moneylenders. Starting from scratch, it now has a working capital of ₹2500 crore. Railway employees can receive loans ranging from ₹50,000 to ₹10 lakh at a mere 5.5%...
more...
interest rate with just one application. The society made a net profit of ₹100 crore in 2023-24, which will be distributed among all shareholders. Since 2014, the bank has distributed ₹120 crore to its 1.5 lakh members.

115 saal pehle, chaar logon ne milkar railway employees ko money lenders aur moneylenders se bachaane ke liye Railway Co-operative Credit Society (Bank) ki shuruaat ki thi. Shunya se shuru hua yeh safar ab 2500 crore rupees ke working capital tak pahunch chuka hai. Yahan sirf ek application per rail karmchariyon...
more...
ko mahaz 5.5 percent byaaj dar per 50 hazaar se 10 lakh rupees tak ka loan diya jaata hai. 2023-24 mein society ko 100 crore rupees ka shudh munafa hua hai. Yeh rashi sabhi share holder mein baanti jayegi. 2014 se ab tak bank apne 1.5 lakh members ko 120 crore baant chuki hai.
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