M Pallonji

Banking on performance

The Zoroastrian Co-operative Bank Limited stated they "delivered stellar performance during 2024-25 under all the business parameters.” Addressing the shareholders on August 26, 2025, chairman Yazdi Tantra, specified that the total deposits have grown to Rs 1,218 crores, registering a growth of 12% over the previous year. The Bank’s total advances recorded an increase of 13% while the net profit grew at 53%. Tantra highlighted the Bank’s continued excellence in asset quality control and added that gross non-performing assets were reduced by over 60% during 2024-25. The Bank has declared a dividend of 10% for 2024-25. He added that the Bank, which was founded on June 17, 1927, will be completing 100 years of service to society in 2027 and will endeavor to scale up its operations significantly with many customer-friendly initiatives.    Directors of The Zoroastrian Co-operative Bank Limited at the shareholders meeting Managing director and chief executive officer Daljit Dogra highlighted the Bank’s decision to adopt top-end technology with robust security measures, a strong focus on retail loans, digital banking facilities, prudent credit underwriting practices and strong recovery measures. He stated that around 80% of the Bank’s transactions are through digital channels.  ...



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