Panchkula cooperative bank posts Rs 64.84 lakh profit, sets Rs 1 crore target as bad loans decline

Panchkula, Sep 29 (UNI) Panchkula Central Cooperative Bank posted a net profit of Rs 64.84 lakh in 2025-26, cut its gross non-performing assets and recorded a Rs 20-crore increase in deposits, as the district cooperative lender set a Rs 1-crore profit target for the current financial year. The bank's gross NPA declined to 3.92 per cent from 4 per cent, while its audit grade improved to B from B, officials said at the bank's 31st Annual General Meeting held at its Sector 2 headquarters here on Tuesday. Deposits increased to Rs 345.14 crore as on March 31, 2026, from Rs…