Bank has extended Financial Assistance to weaker sectionsto a tune of Rs.11354.44 Crore constituting 62.36% & SF/MF outstanding stood at 56.11% as against benchmark of 9% for FY 2021-22.Priority Sector Advances and Agriculture Advances touched a level of Rs.18806.43 Crore and Rs.15647.14 Crore respectively constituting 93.43% & 77.73% of total advances.Low Cost Deposits constitute 34.30% of total Deposits with improvement of 51 bps during FY 2021-22.Bank’s Business outreach further widened with total number of customers growing to 82.16 lakh with the deposit accounts at about 66.52 lakh while loan accounts are at about 15.64 lakh.Bank achieved a Deposit Level of Rs.19127.53 Crore& Advances level of Rs.20129.43 Crore as on.The Total Business of the Bank touched Rs.39,256.96 Crores as on, with a quantum jump of Rs.2617.48 Crore over the previous year registering YoY growth rate of 7.14%.Bapatla and as on date 8 Regional Offices were set up for administrative convenience. Bank has a wide network of 552 branches spread over 10 districts namely 1.* Net Interest Margin (NIM) stood at 4.33%. * Provision Coverage Ratio is 100 % & Net NPA is Nil * Bank is having Net Worth of Rs.3194.11 Crores * Bank has earned net profit of Rs.416.89 Crores Member FDIC.It gives me great pleasure to place before you, the highlights of Bank’s performance during the financial year 2021-22 and thank the stake holders for their valuable guidance & esteemed customers for providing the opportunity to serve them & our employees whose work with dedication has helped to achieve the phenomenal results. Deposit products and related services are offered by JPMorgan Chase Bank, N.A. Products not available in all states.īank deposit accounts, such as checking and savings, may be subject to approval. JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. Insurance products are made available through Chase Insurance Agency, Inc. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Past performance is not a guarantee of future results. Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved. 'Chase Private Client' is the brand name for a banking and investment product and service offering, requiring a Chase Private Client Checking℠ account. is a wholly-owned subsidiary of JPMorgan Chase & Co. “Chase,” “JPMorgan,” “JPMorgan Chase,” the JPMorgan Chase logo and the Octagon Symbol are trademarks of JPMorgan Chase Bank, N.A.

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