Dear esteemed stakeholders of the bank, on the behalf of management I am honored to have the opportunity to welcome you all in the annual meeting of 2023-24. This year is full of a roller coaster journey starting with the achievement of becoming the multi state cooperative bank to the demise of one of our bank employee Shri Kaushlendra Kumar Kori on 22.10.2023 and our beloved Chairperson Smt. Saubhagya Gangwar ji on 24.05.2024, words cannot express the depth of our collective loss both as of staff and in management. Our Chairperson Madam was truly an incredible lady with immense intelligence, strength, and vision. Coming from a very humble background and seeing the rise of her life partner Shri Santo sh Kumar Gangwar as the most popular Member of Parliament and seeing him serve the people ofour country while holding important Ministerial positions, she always chose to remain low-key. She was an epitome of simplicity and dedicated herself in balancing bridges to a better future thereby influencing all of our lives.

It's indeed a huge loss for all of us however an institution must continue and we welcome whole heartedly to our new chairman on Board Smt. Shruti Gangwar, I am glad that she has joined our team, Graduated from IIT and her experience in the IT industries is unparalleled and looking forward in developing our professional relationship to learn and work with the best. I anticipate that working with her will be a great experience. Her new and innovative concepts will undoubtedly aid in increasing our output. I can't wait to see the improvements she has stored for us.

It's also a moment of utmost proud that our honorable bank's chief founder Shri Santosh Gangwar ji has been appointed as the Governor of Jharkhand State , We are ecstatic about his triumph. I take this opportunity to congratulate him on behalf of all of us on his extensive and well-earned accomplishment. We wish your administration the best of leadership. As far as my duties are concerned here as the CEO, my mission has always been to strengthen the bank's core and taking it to the new heights. We always work to improve our bank's reputation as a trustworthy partner for individuals, families, and companies all throughout the city by being proactive, advancing technology, and emphasizing customer-centricity more.

During the year urban cooperative banks have experienced significant advancements and modifications to their systems and practices. These changes aim to reinforce the operations of UCBs and I assure you that our bank has committed itself to consistently implementing the necessary measures to comply with Central Registrar of Cooperative Societies (CRCS) & Reserve Bank of India guidelines over time.

To our loyal customers, our incentive to work more is fueled by your success and your financial well-being. We promise to put an endless effort to comprehend your particular needs and provide customized solutions that enable you accomplish your goals. To our shareholders and stakeholders, I pledge my steadfast leadership and strategic vision. We will open up new growth opportunities, attract a wider audience, enhance the bank's reputation, and will soon become a tier-3 urban cooperative bank followed by scheduled cooperative bank with your ongoing trust and support.

I end by expressing my heartfelt gratitude to our Board members for their guidance, supervision, unwavering support and belief in our abilities. Finally my gratitude to all my colleagues for their contribution not just for the year gone by but also for their efforts over the years, making the Bank count amongst the best locally situated financial institutions.

S.P. Kashyap
M.D / C.E.O.