Message From Chairman

Dear Friends

I am fortunate to work in an industry which gives the rare opportunity of working towards creating socio-economic justice by providing an environment of equal economic development opportunities.The Banking Industry also caters to the changing aspirations of our society. As we move towards our vision and mission to provide the best possible banking experience by combining technology with attentive personal service we aspire to become the leading retail bank of Uttrakhand.

In pursuit of our objective and mission we recognise the importance of upholding best practices in the industry, responsible business conduct, and meaningful contribution towards the society. We humbly acknowledgethe unstinted support of our shareholders whose trust we have earned over the years inthe promotion of our business.

Moving ahead in our journey we will continue providing added value to our customers, employees, industry and society while leaving behinda legacy that will beremembered forbuilding relationships on the basis of trust rather than just business.

The most valuable asset of our organization areour employees. While depending on their skills and potential we aim to create prosperity, harmony and happiness among the employees so that they succeed and improve their quality of life at the same time.

We seek to maximize the best values while trying to meet the expectations of our shareholders, customers and well wishers. I would like to express my sincere appreciation to the Board of Directors and employees for all the accomplishments. It is my pleasure to inform you that at the close of FY March 2022 we recorded a GrossProfit of Rs 34.09 crores and an all time high net profit of Rs 21.56 crores with a Total Business of Rs 3,515.31 crores.

I am grateful to all our stake holdersfor their cooperation and look forward to your continued support and patronage.

Sincerely

Vinay Sah
(Chairman).