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Last Financial Year 2024-2025 has been instrumental in the history of Pride Credit Society Ltd where we have started blossoming and making sure we are becoming a brand in our geographies. Since the inception of the Society in 2013 and from the re birth in 2021 with a new Board in power, we have moved extensively well towards a reputed financial institutions with its pillars strongly rooted in stability, sustainability, profitability and reliability. I want to thank the Board of Directors, my fellow staff members, the warriors of our society our business affiliates, investors, stake holders, and above all our members for their continuous support and trust shown in the Society. Together we have made this place better, trustable and honorable place.


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It gives me utmost happiness to share with you that society's overall business as on 31st March 2025 stands close to at 692.34 Crores, an increase of 128 % absolute growth. The total deposits collected in FY 23-24 which stood at 173.01 Crores which has increased to 278.63 Crs for the FY 2024-25 with more than 61 % growth. The total loans & advances disbursed stood at 109.54 Crs in 23-24, which increased to 210.65 Crs for FY 2024-25 with a growth rate of 93 %. Our most valued member strength as of 31st March 2025 stands at 101980 members with paid-up capital of 53.42 Crs with an increase of almost 149 %. As a responsible and profitable Society we have constructively become profitable this year as well with business of close to 700 Crores within 4 Years of Operations under the new Board.

Some Key Milestones for the last Financial Year would be:

  • Pride Credit Society Ltd has become profitable for the continuous 4th year in a row which is a feat which is rarely celebrated in our co operative segment. This shows the execution of the strategies of the Society Board, proper ALCO execution and generating revenues from our business opportunities.
  • NCDC- National Co Operative Development Corporation which is under Ministry of Co Operation, Govt of India has provided a 100 Crore Working Capital Loan to Pride Credit Society Ltd which shows the strength of the Society in terms of Compliance and the Trust and an appreciation of the financial planning the Society is making.
  • Banking Frontiers a leading Co Operative magazine in association with NAFCUB has awarded Pride Credit Society Ltd with 2 awards in the category of the best Credit Growth and the Best Annual Report in the National Co Operative conclave in Nagpur in October 2024
  • Pride Credit Society Ltd was honored and awarded for the exceptional services in co operative movement by Kerala Vision News Channel, Veekhsanam News Channel & Calicut Press Club for the contributions in the sector.
  • Pride Credit Society Ltd became member of the NCUI- National Co Operative Union the apex body of co operatives in India and ICA- International Co Operative Alliance- Apex body of co operatives in the world which makes us one of the very few societies been accredited in both these statutory bodies.
  • Staff strength has grown to close to 300 staff who are well versed in their expertise areas making the society more agile and professional.

As envisioned by our Board we are marching towards the goal of 3000 Crores and 5 Lacs members. I am looking forward to see all of you support and contribute to our vision and make our Society the biggest in South India by March 2027

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