Karkala: Rosary Credit Co-operative Society Ltd. has a history of 32 years, deposits of more than 155 crores, loans of 130 crores, working capital of more than 186 crores and continuous dividend from the year of establishment. Kundapura its 12th branch was inaugurated at Karkala on Sunday 17th March at Ground Floor of Vishal Building, Near Mini Vidhanasoudha Road Taluk Office, Karkala.
Rev. Fr. Alban D'Souza, Rector of Saint Lawrence Basilica, Attur Inaugrating the12th branch of Rosary Credit Co-operative Society said "Dedicating this auspicious work to God, dedicating the branch to the world, I pray this institution to always have the grace of our Saint Lawrence for this branch and this bank, may this institution shine high and high. The highest programs are being conducted through this branch."
"Let more people make use of their facilities and let the needy one's get help for this bank in their development This organization is making strides at a fast pace, today it has dedicated itself to the people of Karkala, wishing this organization a bright future and wishing that the grace of Mother Rosary be always on this organization. "
Rev .Fr. Clement Mascarenhus Parish Priest of Christ King Church, Blessed the branch and said, 'Money is there for use, if it is hoarded, there is no growth. It should be circulated. Money should be distributed and benevolent to all, then it can be called money, otherwise money has no value. I wish you all the best and may God's blessings always be with you all.''
The Branch Security Room was inaugurated by Thomas Mascarenes, Kukkundur Gram Panchayat Member. The computer was inaugurated by Neville D Silva, Vice President of the Board of Trustees of Christ the King Church.
Johnson D'Almeida, President of the Association, welcomed Kiran Melvin Lobo, Vice President felicitated the guests.
Chief Operating Officer of the Association Mabel D'Almeida, Directors Philip D'Costa, Wilson D'Souza, Prakash Lobo, Ozlin Rebello, Terence Suaris, Michael Pinto, Diana Almeida, Shanti Dias were present. Ozwald Santhosh D'Silva, President of the Branch, proposed vote of thanks. Steven Kulaso compared.