Chatisgarh CM presents NAFSCOB national award to Karimnagar DCCB for overall performance

K M Dayashankar


The Karimnagar DCCB won five NAFSCOB awards from the financial year 2015-2016 onwards.


KARIMNAGAR:  The Karimnagar District Cooperative Central Bank (DCCB) has received the prestigious NAFSCOB (National federation of state cooperative banks) first prize for the overall annual performance award for the year 2019-2020.

At a national conference of NAFSCOB organised in Raipur in Chatisgarh state on Monday, Chatisgarh Chief Minister Bhupesh Baghel presented the award to Karimnagar DCCB chairman, who is also chairman of NAFSCOB and TSCAB, Konduru Ravinder Rao and DCCB CEO N Satyanarayana Rao. The award carries a trophy, a shawl and a plaque of appreciation.

Among the DCCBs in the country, the Karimnagar DCCB bagged the first prize for the overall performance for the year 2019-20 at all India level. This is the second consecutive time, the Karimnagar DCCB had won NAFSCOB first prize and it had earlier won the first prize for the Annual Performance award in the year 2018-2019.

The Karimnagar DCCB was winning NAFSCOB annual performance awards for the year financial year 2015-2016 onwards. In the year 2015-16, the Karimnagar DCCB bagged all-India second prize, third prize in the year 2016-17, second prize in the year 2017-2018 and first prize in the year 2018-19. The Karimnagar DCCB emerged as role model in the country. NAFSCOB managing director Bheema Subrahmanyam, TSCAB MD N Muralidhar, DCCB vice chairman P Ramesh and others were also present.


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