LARSEN & TOUBRO GROUP EMPLOYEES' COOPERATIVE THRIFT & CREDIT SOCIETY LIMITED
REGD. NO. MSCS/CR-27/92
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Membership    
Loan    
Deposits    
Rates of Interest    
Features    
Board Members    
Annual Report     
Features
1. The Society has no overdue loans from the beginning
2. The Society won the "Best working Society Award" in the State of Tamil Nadu for the year 1991 and also won the "Best working Society Award" in Chennai Region for the year 1990 and 1991 consecutively.
3. The Society is administered by an elected board of directors and the day to day operations are managed only by 5 permanent staff including the Secretary.
Comparative Statement showing the Growth of the Society during the last 5 years
(Rs. in crore)
  Particulars As on As on As on As on As on
31/03/07 31/03/08 31/03/09 31/03/10 31/03/11
Membership
Working Capital
Share Capital
Thrift Deposit
Recurring Deposit
Fixed Deposit
Reserve Fund
Loans to Member
Investment with Coop.Bank, TCF
Borrowing from Banks
Profit
Lending Rate
T.D.Interest Rate
Dividend
   
3686
18.67
2.13
6.28
0.24
8.86
1.16
18.85
0.00
0.00"
0.54
11.50%
9.50%
16.00%
 
3808
30.21
2.80
7.63
0.38
12.64
1.34
28.32
0.00
3.17
0.79
12.00%
10.00%
18.00%
 
4581
35.54
3.43
9.44
0.63
19.09
1.77
34.03
0.60
0.00
0.95
12.50%
10.50%
18.00%
 
6077
55.55
4.66
13.06
1.02
28.18
2.10
46.84
4.30
2.00
1.00
11.00%
9.00%
16.00%
7260
70.35
5.80
17.47
0.88
38.37
2.45
63.41
3.50
0.00
1.88
11.75%
9.50%
18.00%
  2006-2007 Larsen & Toubro Group Employees’ Cooperative Thrift & Credit Society Ltd.   All rights reserved a rings creative