MALANKARA CREDIT SOCIETY BAGGED THE AWARD FOR THE BEST ANNUAL REPORT

Thrissur: Malankara Multistate Cooperative Credit Society is a leading credit society with a turnover of over Rs 816 Crores. It provides services to 95,000 members and functions across Kerala, Tamilnadu, and Karnataka. Boche is serving as a promoter of Malankara Credit Society. By 2030, the society is planning to become the number one cooperative society in India with a turnover of 25,000 crores.

During the financial year 2022-2023, the society has provided dividends to thirty-five thousand members and has also created many employment opportunities. Malankara Credit Society is an institution licensed under the Ministry of Cooperatives and authorized to accept deposits and grant loans. Malankara Credit Society spent a sizeable portion of its profit on charity activities.

Jisso Baby, Chairman of Malankara Credit Society, received the award for the best annual report from Milind Kale, Vice President of NAF Cub, and Ajay J. Bramecha, Director, at the awards night organized by Banking Frontiers and NAF Cub in Lucknow. Raghu V., DGM was also present on the occasion.