Mumbai based Zoroastrian Co-operative Bank delivered stellar performance during 2024-25 under all the business parameters. Addressing the Shareholders on August 26, 2025, Mr. Yazdi Tantra, the Chairman of the Bank stated that the total Deposits have grown to Rs. 1218 crore registering a growth of 12% over the previous year. Bank’s Total Advances recorded increase of 13%.  Net Profit of the Bank registered growth of 53%. Mr. Tantra highlighted Bank’s continued excellence in Asset Quality control and added that Gross Non-Performing Assets (GNPA) of the Bank have reduced by over 60% during 2024- 25 and GNPA ratio stood at 0.85% , probably among the lowest in the industry. The provision coverage ratio is more than 100% and Net NPAs of the Bank continued to be NIL. The Bank has declared a dividend of 10% for 2024-25. Mr. Tantra highlighted Bank’s strategic focus on maintaining a strong CASA growth, improving profitability profile through disciplined cost management, operational efficiency and strengthening human resources capabilities. He added that the Bank will be completing 100 years of service to the society in 2027 and will endeavor to scale up its operations significantly with many Customers friendly initiatives. He thanked the shareholders for their continued trust in the Bank and exhorted them to be a part of grand Centenary celebrations.

Daljit Dogra, MD & CEO while speaking to Indian Co-operative highlighted that Bank’s decision to adopt top end technology with robust security measures, strong focus on Retail Loans, digital banking facilities, prudent Credit underwriting practices and strong recovery measures have started yielding excellent results. He stated that around 80% of Bank’s transactions are through digital channels. Mr. Dogra reiterated Bank’s focus on Retail Loans including Solar, Education Loans, cost controls and enhancing the productivity of staff. He added that Bank is looking forward to a quantum jump in its business growth in coming three years.