The deposits of the Bank ... increased to Rs. 1618.39 crores as on 3-1st March 1997 ... showing growth of 14.7% ... The Bank's aggregate advances rose to Rs. 973.97 crores on 31st March 1997 ... giving credit deposit ratio at 60.2%: The %age of advances to priority sector as on 31st March 1997 was 46.7% of the total advances ...
Profitability: The operational profits of the Bank for the year 1996-97 was Rs. 11.01 crores ... Provision of Rs.1.64 has been made for Gratuity payable to staff (and) Rs. 7.02 crores credited to Bad and Doubtful Debt Reserves. This would leave the net profit for the year at Rs.2.35 crores. Foreign Exchange Business: ... The Bank has been able to maintain the increasing trend of the turnover in business ... when it rose to Rs.1082.04 crores ... showing growth of 14.10%.
Overdues: The overdues ... slightly increased from 11.27% of the total advances as on 31st March 1996 to 14.61% as on 31st March 1997 ...
Dividend: ... Bank regrets its inability to declare dividend in view of the (existing) provisions. Capital and Reserves: As against Rs.20 crores Authorised Capital, the paid up capital of the Bank stood at Rs. 10.90 crores as on 31st March 1997. The reserves of the Bank rose ... Rs. 70.217 crores as on 31st March 1997 ... The Statutory Reserve Fund has been duly invested in Government and Trustee Securities ..
Working Capital: The working capital of the Bank increased ... to Rs. 2010 crores as on 31st March 1997.
Branch Expansion: During the year the Bank has opened branches at Jaipur (Rajasthan), Palanpur (Gujarat), Malegaon (Maharashtra) and Calcutta (West Bengal).
Computerisation: The Bank has implemented computerisation of 16 branches in Mumbai and 14 branches at outstation ... The Bank has also provided Telebanking facility to select customers at Calcutta. Human Resources Development: During the year ... out Institute organised 44 programmes which were attended by 867 bank officials of which 158 were from other Co-operative Banks ... The Institute also organised a Seminar on impact of 1996-97 Budget on the Indian Economy.
On December 16, 1996, the following Directors were declared elected:
1. Mr. Edulji Hormusji Turel
2. Dr. Ashiqali Sk. Ahmad Raval
3. Mr. Waseemuddin Azizuddin Azmı
4. Mr. Ghulam Ghouse
5. Dr. Shiraz Asgerali Mamujee
6. Mr. Kasamali Gulam Saleh
7. Mr. Mohamed Nasir Pathan
8. Mr. Rashidahamed Gulammohammed Matadar
9. Mr. Molvi Mustagim Ahsan Azmi
Mr. E.H. Turel and Mr. W.A. Azmi were elected Chairman and Vice-Chairman respectively.The Board of Directors record their appreciation of the services rendered by Mr. S. Shamim Kazim, Managing Director ..
Socio-Economic Survey of Ayodhya Muslims Irfan Ullah in The Radiance, 23-29 Nov., 97
The twin cities of Ayodhya and Faizabad are situated on the right bank of the river Chapra. It is 127 kms, east of Lucknow, the capital of Uttar Pradesh. Ayodhya got world fame after the happening of 6th December 1992, the black day when the centuries old Babari Masjid was demolished in the broad daylight by the frenzy mob of Sangh Parivar, resulting in large scale destruction of property and killing of innocent people in various other cities of the country.
Ayodhya Muslims suffered a great loss but the Ummah (community) helped them to re-establish there. All kinds of help in the form of money and material was provided for them and their immediate problems were solved. But this did not change their educational and economic backwardness. Neither the residents of Ayodhya nor any welfare organisation prepared action plan for the upliftment of the people.
The Darsgah-e-Islam Society, Faizabad conducted a socio-economic survey of Muslims in Ayodhya ... Major highlights of the survey are as below :-
1. The population of Muslims is about 1793 consisting of 540 men, 405 women and 848 children. About 280 families are residing in Ayodhya.
2. 48.5% (are) illiterate, 3.8% graduate, 2.2% XIIth, 5.5% Xth passed, 5.8% VIIIth passed and 0.2%, Vith passed.
3.Dropouts of XII, X, VIII, VI are 49. They left studies and engaged themselves in small trades of low income.
4. 208 children in the age group 5-11 are not attending school. Most of them came from families with low income and poverty
5. 68 persons are not on electoral rolls.
6. About 70% (of the) families are (living) below poverty line (income less than Rs. 22,000/- per annum) ... A large number of persons are engaged in tailoring, mechanical work, labour, masonry, butchery, etc.
There is no (organised) scheme for their betterment and upliftment ... Some persons are still ... collecting money in the name of Ayodhya ...
... There are 35 mosques 4 madarsas, 6 Imambaras and 24 graveyard. In 8 Mohallas, not inhabited by Muslims 12 Mosques and 13 graveyards exist ...
