The Hindu Business Line : Growth in advances boosts APCOB net profit
Commendable job indeed, APCOB. At a time when Commercial Banks (Public, Private and Foreign) are competing on a healthy platform to be the best operators and service providers to all types of customers in the country, APCOB is setting an example as a model cooperative bank despite witnessing confusing state of political affairs in the state of Andhra Pradesh. The management team deserves all appreciation.
Surprisingly, AP was one of the states besides Karnataka and Maharashtra, where private cooperative banks have failed in last decade. The products being offered by the banking system has undergone a drastic change in the post reforms era. Technology has been playing a very dominant role in determing the working style and culture of all types of banks in India.