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Mahesh Coop. Bank to introduce core-banking

HYDERABAD: The Andhra Pradesh Mahesh Cooperative Urban Bank Ltd, a leading multi-State scheduled urban bank, is planning to introduce core-banking solutions in all its branches. The board of directors of the bank, which met here on Monday, decided to open more branches across the State. According to the unaudited financial results, the bank's deposits increased from Rs. 340.15 crore to Rs. 369.88 crore during 2005-06 while the net profit moved up from Rs. 4 crore to Rs. 5.05 crore.

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