Bank directors Shashikumar Rai Balyottu and M. Mahesh Hegde accepted the accolade from Apex Bank president S. Ravi during the AGM held in Bengaluru, where the award was presented in Category II of the Apex Bank’s Reward Scheme for meeting the 2024‑25 business‑target criteria.
The award recognises SCDCC Bank’s performance across its 113 branches that serve both rural and urban customers in the South Canara district, a network praised in a recent press release for operating efficiently under the leadership of Managing Director M.N. Rajendra Kumar.
The ceremony was attended by Apex Bank vice‑president Sharanagouda Patil Bayyapura, former Apex Bank president and director Belli Prakash, along with several other senior officials, underscoring the cooperative sector’s emphasis on sustained growth and service quality.
The 24th consecutive Apex Bank award highlights the bank’s consistent ability to meet or exceed the cooperative apex’s performance benchmarks, a factor that may bolster its credibility with depositors and potential borrowers in the region.
While the award does not directly translate into new regulatory privileges, it reinforces SCDCC Bank’s standing within Karnataka’s cooperative banking ecosystem and may influence future business‑target allocations by the Apex Bank.