MEMBER BANKS

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बँकेच्या स्थापनेला २७ वर्षे पूर्ण झाली आहेत सांगोला अर्बन बँक सांगोला तालुक्यातील अग्रगण्य बँक म्हणून ओळखली जाते बँक बँकिंग व्यवसाय व्यतिरिक्त सामाजिक कार्यात सहभाग आहे

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Unit Bank 1 Branch with H.O. situated at Market yard Compound Camp Road Malegaon. having 50 Cr+ Deposit & 33 Cr + Advances

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Shri Kanyaka Nagari Sahakari Bank Ltd., was founded by a great visionary Dr. Vijay Sambashiv Ainchwar on 17th October, 1989. The first Chairman was Dr. Vijay Sambashiv Ainchwar, and the first vice-chairman was Dr. Prafulla Tumakampant Bhaskarwar. These were the people with profound and enduring ideals, faith, vision, optimism, and entrepreneurial skills. The bank was registered under Maharashtra State Co-Operative Societies Act, 1960, on 29th November 1982. Vide registration no. CHD/BNK/147 and license no. UBD/MAH/998P ON 17TH July 1989 and is governed by the Banking Regulation Act 1949(A.A.C.S) sec (CCV). The bank also registered against the provision of ISO 9001:2008 on 20th June 2010. The Registered Office of the bank is situated at 1st Floor, Raghuwanshi Complex, Behind City High School, Bazar ward, Chandrapur - 442 402, Tal- & District Chandrapur. Its area of operation is confined to Chandrapur District & adjoining District Wardha, Nagpur, Gadchiroli & Bhandara. The Bank has 6 branches - Main Branch - Chandrapur, S.P. College Extn Counter, Chandrapur. Civil line, Chandrapur, Mul, Bhadrawati, Gondpipri, Sitabuldi Nagpur. Shri Kanyaka Nagri Sahakari Bank Ltd. always tries to offer innovative customer services and schemes. Latest technology Used to provide Quality services to the Customer’s Satisfaction.

Registration

The bank was registered under Maharashtra State Co-Operative Societies Act, 1960, on 29th November 1982. Vide registration no. CHD/BNK/147 and license no. UBD/MAH/998P ON 17TH July 1989 and is governed by the Banking Regulation Act 1949(A.A.C.S) sec (CCV).

Branches

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Shri Swami Samarth Sah Bank Ltd Register under co op Act 1960 an 18.09.1997 RBI License under Br Act 1949 Dt 14 July 1998. Bank had been started business before 25 years age and within a short period bank achievement glorious success and complete financially well managed bank in urban co op sector. Now through 12 branches bank in is seveing and satisfying thousands of customer in Rural area by ids Networth Rs. 2045.46 Lakh always in profit & having 0% NPA with 22.09% CRAR.

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Multi State Co Op Bank having Total Business of Rs.1800.00 Crore

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Bank is non scheduled Co-Op Bank.Bank has been running its business since 01/04/1995. Area of operation is Entire Maharashtra State. Bank is facilitated core banking service,RTGS/NEFT,CTS,BBPS,Digital banking ATM-POS,E-Com,Mobile-IMPS,UPI,NPCI-ABPS,DBTL,NACH-DR,CR bank services to its customer.Bank is Level-III Bank.

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बँकेची स्थापना दिनांक २५/०४/१९७४ रोजी सहकारमहर्षी स्व.दत्तात्रय गोविंदराव वळसे पाटील(माजी आमदार) यांनी केलेली आहे. बँकेचे ब्रीदवाक्य -बँकिंग पेक्षाही खूप काही ! बँकेचा व्यवसाय- २४०० कोटी मागर्दर्शक- मा.ना. श्री दिलीप वळसे पाटील (सहकार मंत्री,महाराष्ट राज्य ) बँकेचे अध्यक्ष- श्री. देवेंद्र शहा. उपाध्यक्ष-श्री. विवेक वळसे पाटील

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The Bank was Registered u/s 9(1) of the Maharashtra Co-op Societies Act, 1960 as "Samata Sahakari Bank Limited' vide registration no. BOM/BNK/172 of 1983 dated 30.06.1983 as Co-operative Bank and the Bank is continuing in the Business of providing a wide range of Banking and Financial Services in accordance with the Banking Regulation Act, 1949, and The Maharashtra State Co-op Societies Act, 1960 and has completed 40 years of existence

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The Saibaba Nagari Sahakari Bank Ltd, Selu was established in the year 1985 by founder member Shri Adalkar Hemantrao Murlidharrao with the noble aim of taking the bank and banking to the common people by adopting the principle of cooperation in banking and the same purpose has been fulfilled upto a great extent and now bank is developing as a large

deposit - 522.29 CR. , Advances - 329.35 CR, CD Ratio - 63.05% as on 12/09/2023

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On motivations Late Shrimant Malojiraje Rajesaheb, Phaltan & Kinderd efforts of Ex MLA Late Shrimant Vijaysinh Malojiraje Naik Nimbalkar A.K.A Shivajiraje established Shrimant Malojiraje Sahkari Bank Ltd. on dated 10th July 1975 with their colleges & active supporters in Phaltan city. The working of its 1st branch on dated 10th Feb 1976 in Ramnagar Branch at Phaltan. The working area of operation of Bank in Satara, Pune, Sangli & Solapur Dist. They have a 14 branch in dist. The Bank since begging kept the goal & mission to help & develop those people who can common people, economically weaker & lower sections of the Society. Bank has been developing as large with the latest technology & infrastructure. Implementing CORE BANKING technology to promote easy & make help to improve customer services, promoters, shareholders & employees.

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नाशिक जिल्हा कार्यक्षेत्र , सतत ऑडिट वर्ग - A

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बँकेची स्थापना दिनांक ०६/०१/१९९६ रोजी झालेली असून बँकेस २८ वर्ष पूर्ण झाली असून बँकेच्या ४ शाखा असून तीन नवीन शाखा प्रस्तावित असून बँक स्थापनेपासून सातत्याने नफ्यात असून बँकेचा लेखापरीक्षण वर्ग अ असून बँकेच्या आज रोजी २०० कोटीच्या ठेवी असून एकूण कर्ज वाटप १०० कोटी इतके आहे .

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Bank established in 1975, Solapur District, Tal.Malshiras, Maharashtra, Pin-413101

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Our bank has been operating since 1984 and is profitable every year and the bank has a membership of 9054 and the net outstanding loan of the bank is 2.61 percent as on 31/03/2023.

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Cooperative bank

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"Shree Gajanan Nagari Co-operative Bank Ltd., Beed, was established in the year 1996. Our three principles to achieve our mission are Service, Security and Development. Founder Smt. Keshar (Kaku) Sonajirao Kshirsagar was a social worker and Member of Parliament of Maharashtra State Government. The main objective of the creation of the bank was that existing nationalized and other private sector banks were reluctant to help entrepreneurs, landless labourers, industrial workers, small traders etc. Bank officials look/behave suspiciously towards customers, especially entrepreneurs in rural areas. A mail barrier was a security provided for a loan facility with a guarantor known to the bank and sending the customer away from the bank.Smt. Keshar (KaKu) Sonajirao Kshirsagar.Founder "

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"Sindhudurg District Central Co-operative Bank Ltd. is established on 1st July 1983.The Ratnagiri district is divided into two parts & separate Sindhudurg district came in existence therefore earlier Ratnagiri District Central Co-operative bank bifurcated under section 18 C of the MSC Act 1960 since that our Bank has got separate entity & started functioning as a apex district central co-operative bank for entire district of Sindhudurg.Bank has constituted with the object of providing funds to co-operative societies & others in Sindhudurg district. Initially the authorized share capital was limited to the extent of 1.25 cores however at present our authorized share capital is raised up to Rs.70 Crores. Currently we are operating with the network of 98 branches & Head office and 38 ATM in entire Sindhudurg district. Our bank playing very important role in financial sector of Sindhudurg District. Our bank is known as farmers bank & We implemented different schemes in the interest of farmer & people of Sindhudurg are having full confidence on our bank. Therefore nearly more than 40% people of total population of Sindhudurg are our account holders. Currently our Total Deposit is Rs.2602.92 Crores and Advances of Rs.2235.17 Crores as of 31 st March 2023."

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Marching parallel to the evolving timeline of India, Saraswat Bank enters into its 106th year of service to the people. After being established in 1918, the Bank has witnessed important world events like the First World War, Second World War, India’s freedom struggle and the glorious post-independence era. Standing the test of time, it has grown to be a pioneer in the urban co-operative banking sector in India, offering unparalleled financial services. Towering above its competitors and growing soundly for a century, Saraswat Bank today is the largest Urban Co-operative Bank in India and is spread across six states – Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka. As of March 2023 with a total business of Rs.75,000 crore plus, 294 branches, and 315 plus ATMs, the Bank is committed to taking its legacy ahead with outstanding service.

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SVC Co-operative Bank Limited (Earlier known as The Shamrao Vithal Co-operative Bank Ltd.) was founded when co-operation was just beginning to gain ground in the country. It was set up with the primary objective of assisting the less fortunate members of the community in its economic enterprises, to encourage savings and to create funds for providing financial aid to deserving members. Late Rao Bahadur Shripad Subbarao Talmaki, the Maharshi of Co-operation, was the main architect of the Bank and he named it after Late Shamrao Vithal Kaikini, who was his main guiding force and Guru. The Bank was originally registered as a Co-operative Credit Society on 27th December 1906. Thus inspired by lofty ideals for the betterment of the economic, moral and material well-being of the Community, the Bank was brought into existence with modest beginnings.

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Sangli Sahakari Bank Ltd., Mumbai

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The State Transport Co-op. Bank Ltd., is a Salary Earners Co-op. Bank catering to the finance needs of employees of M.S.R.T Corporation.The bank is established in the year 1953 and is registered under The Maharashtra Co-op. Societies Act 1960 and governed by the banking regulation act 1949. Bank has 50 branches and 11 extension counters fully computerized and working on Core Banking Solutions. The Bank has established its own Tier-3 Data Centre at its Mumbai head office. The bank offers various ad on services to the customers like, Any Branch Banking, R.T.G.S. & N.E.F.T., S.M.S. banking , Internet banking.

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Shri. Laxmikrupa Urban Co. Operative bank limited is into existence from 1998. This well known establishment acts as a one-stop destination which provides different banking services to its customers both local and from other parts of Pune The Laxmikrupa has a wide range of products and services to cater to the varied requirements of customers. The staff at this establishment is courteous and prompt at providing any assistance. Here we proudly says that the Shri Laxmikrupa Bank is be a Co-operative for prosperity of community.

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Fast growing bank which is serving the customers since 1972. Today Sanmitra Sahakari Bank, Hadapsar has a wide network of 8 Branches spread over Pune District.

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The Sadhana Sahakari Bank Ltd., Pune was established in the year 1978 by Founder Late Shri Dr. S. T. alias Dadasaheb Gujar with the global aim of taking the Bank and the Banking to the common people by adopting the principle of cooperation in Banking. And the same has been fulfilled upto a great extent and now bank is developing as a large bank with the use of latest technology and infrastructure and best customer service. The bank has made an exceptional progress and is developing its strength in various locations.

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Bank’s name is Sant Sopankaka Sahakari Bank Ltd. Saswad and its registered office is at “Chandukaka Jagtap Sahakar Bhavan” ,Kanhaiya chowk ,Dhanya bajar ,A/p-Saswad, Tal-Purandar , Dist- Pune and Head/ Administrative Office is in its owned premises at “Sopankaka Bhavan”, 1039, Shukrawar Peth, Tilak Road, Pune-411002. Saswad is a Tahasil place and located at 33 km away from Pune towards South- East. Saswad is sorrounded by agricultural area and most of the members of our bank are agriculturiest. You will find one of the famous historical place Mastani Talav at the bottom of the Dive Ghat while going from Pune to Saswad. You can travel by road only. Bank was registered on 09.04.1997 and RBI’s license was issued on 24.09.1997 and commenced its business on 28.11.1997. Sant Sopankaka, who had taken sanjeevan samadhi at Saswad on Margashis Vadya Trayodashi Shake 1218, was the youngest brother of Sant Dnyaneshwar. So Saswad has legendary importance. On this background, bank had given Sant Sopankaka’s name to the bank and had tried to upliftment of his name

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Shri Ganesh Sahakari Bank Maryadit., Pune

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Established on 23 April 1966, Solapur Janata Sahakari Bank Ltd., Solapur is today reckoned as one of the top-notch & leading amongst the Urban Co-operative banks operating in the region of western Maharashtra and Marathwada.

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Shivshakti Urban Co-op. Bank Ltd., Barshi

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We have started Banking business on 25th October 1996 on the auspicious occasion of Kojagiri Pornima. Our Bank has achieved the honor of fully computerized bank from inception and first Bank in Solapur acquiring ISO certification. For the convenience of the customers, the bank operates its business in morning and evening shifts and providing prompt and excellent services. In the Solapur and Pune City, the reputation and recognition acquired by the bank in just twenty one years is nothing but the outcome of consumer friendly services offered by us. The services offered by the bank include ATM Centers, CBS e-Lobby, SMS alerts , Mobile banking , POS , EMV Cards ,RTGS & NEFT etc. The Board of Directors and employees of the bank have whole heartedly contributed their efforts in providing these services at lower costs. Introduction of e-Lobby facility under which cash receiving through machines, pass book printing facility is made available for customers 24×7. Samarth Bank has always observed and satisfied the various criterions to achieve glittering success.

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Sampada Sahakari Bank Ltd., Pune

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In recent years, Solapur Siddheshwar Sahakari Bank Ltd., has emerged as one of the fast developing and most efficient co-operative banks in Solapur district and around. Founded in 1974 by Late. V. G. Shivdare, a veteran freedom fighter, visionary and reformist leader, the Bank has silently worked hard over the years with dedication to its way towards present success. The journey involved infinite efforts avoiding short cuts to success. The Bank has always believed in the time-tested Mantra that “Progress without stability cannot last long”. And in that context the Bank is sufficiently capitalized and well governed to ensure continuity of its achievements. The Bank owes its existence to socio-economic movement and therefore, our commitment to the co-operative values and principles on which we were built remains as strong as ever. Over the past decades, the bank has been fostering savings at the grass root levels of the society by offering value-based deposit products. Accordingly, the Loan products and schemes are designed to suit the customer needs across all segments of businesses and professions. From salaried middle class to persons engaged in small businesses and to large business organisations / industrial enterprises, each one has easy and hassle free access to our services.

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With the sole objective of the economic upliftment of weaker section of the society, with total faith in the measure of Co-operation Shri Mahalaxmi Co-op Bank, Kolhapur was established in the year of 1933.

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The bank which took birth in the rural area visualizing future of banking Industry and started its branches and operations in urban area’s, Always ready for new Banking Developments, Aiming 100% Customers satisfaction i.e. “Shree Warana Sahakari Bank”. To maintain the strong economy of the “Warana Valley”, the bank took shape in 1966. It was a major challenge for “Shri. Tatyasaheb Kore” to gather the capital required to start the bank. He gathered the amount of Rs. 1 Lakh and paid it to government and got the bank registered within 4 day’s. The aim of starting the Warana Bank was to make available credit for the Farmers for land development, purchasing machinery, seeds, pesticides, fertilizers, etc. in easy way. Today all economic transactions in “Warana Valley” happen through “Shree Warana Sahakari Bank Ltd.” The bank is playing a pivotal role in the overall development of “Warana Valley” and the rural mass. It provides loans at subsidized interest rates for all farmers, weaker section and the needy peoples. It is creating the banking mind in the rural population. The Bank has achieved distinguished success in co-operative banking sector particularly during the last few years because of its distinct objectives, strategic plan of action, its continuous monitoring and sharing of success with the concerned personnel. Good Corporate Governance and a committed management with the Board of Directors with keen interest in the well being of the Bank has been instrumental in “Shree Warana Sahakari Bank” reaching new heights. The Bank has a deposit base of more than 938 Crores and a Loan of more than 598 Crores.

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"Sanmati Sahakari Bank Ltd. was established in 1996 in Ichalkaranji with very meager resources and since then it has been flourishing year after year. It would, therefore, be imperative to understand the historical backdrop of the city and the bank in brief.Our Bank new branches at different location in and nearby Ichalkaranji Head Office, also in Kolhapur & Sangli Dist.in Maharashtra. In Karnataka State bank was Merge The Hangal Co-op Bank Ltd. Hangal in Jul.2018 for expand the banking business. Accordingly, the following branches were opened.Location Year of Establishment 1.Main Branch 6th Octomber,19962.Abdul Lat Branch 3rd November, 20033.City Branch, Ichalkaranji 7th May, 20094.Rui Branch 5th July , 20105.Shirati Branch 02nd May, 20136.Khotwadi Branch 16th June,20147.Vardhaman Chowk Branch ,Ichalkaranji 12th Nov.20158.Kolhapur Br. 11th Feb.20169.Sangli Br. 28th Feb.201710.Alate 28th Apr.201711.Talandage 3rd Oct.201712.HangalMerger Hangal Co-op Bank with Sanmati Sah.Bank Ltd. Ichalkaranji 5th July.2018.Bank Statistical Information for last 3 Years (Rs.in Lakhs)Sr.no. Particulars 31.3.2021 31.3.2022 31.3.20231 Branches H.O.+12 H.O.+12 H.O.+122 Share Holder 12663 13352 140953 Share Capital 678.51 761.44 875.774 Reserve Fund & Others 2265.09 2510.86 2781.475 Investments 12678.44 13965.38 13108.376 Deposits 32510.23 32629.13 34692.487 Loans 19677.03 19802.19 22617.618 Net N.P.A. 7.37% 5.56% 3.82%9 CRAR 11.52% 13.07% 12.49%10 CD Ratio 60.52% 60.69% 65.20%11 Employees 117 124 12412 Per Employee Business 446.05 422.83 462.1813 Gross Profit 307.83 340.12 416.9014 Net profit 111.66 124.74 148.1715 Audit Class ""A"" ""A"" ""A"""

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For the economic upliftment of the weaker sections of the society through a spirit of co-operation and co-operative principle. Of Kurundwad. Op. Bank Ltd. Kurundwad Bank was established on. 12/08/1956 Chaitra Padva day.

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Shri Yashwant Sahakari Bank Maryadit, Kuditre (Kumbhi-Kasari) is one of the leading co-operative banks in South Maharashtra. Established in 1974, Shri Yashwant Sahakari Bank Maryadit, Kuditre (Kumbhi-Kasari) has a proficient management team. The bank has always focussed on aggressive growth plan based on a robust platform of professional governance, relationships, technology and infrastructure. Now, Shri Yashwant Sahakari Bank Maryadit, Kuditre has investment of Rs. 5,787.91 Lakhs with Profit of Rs. 121.52 Lakhs. The bank has received Audit Class A.

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Sangli Urban Co-op. Bank Ltd. was originally registered under the sangli State Co-operative Societies Act in 1935. The bank was promoted by enlightened group of young citizens led by Late Shri.M.H.Godbole, who was determined to make a success of the bank in the co-operative manner. The promoters of the bank, took an opportunity to start a co-operative banking institution with the object of meeting the needs of people belonging the low income group.

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Shivdaulat Sahakari Bank Ltd., Malharpeth

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Shree Mahesh Co-Op Bank Ltd was founded in 1997 by a group of professionals and businessmen from Maheshwari Community of Nashik with an aim to build a financial institution by SME for SME. Bank was inaugurated by the auspicious hands of Shri Jaiprakash Shankarlal Mundada, then Cabinet Minister of Co-operation and Textiles in Government Of Maharashtra in the presence of Shri Bansilalji Rathi, then President Akhil Bharatiya Maheshwari Mahasabha, Shri OmkarnathjiMalpani, the Secretary Akhil Bharatiya Maheshwari Mahasabha, Shri Deokisanji Sarda Famous Industrialist from Nahsikwith CA Shri Ashok Zawar as founder Chairman and Shri Suresh Kela as Vice Chairman of the bank. Bank was founded with amission to provide world-class banking solutions enabled with the latest technologies in banking sector, catering to the needs of business from Nashik District. Through relentless and professional approach of the Board of Directors and Staff of the bank it has gained spot of one of the leading and trusted name amongst its class of cooperative banks in Nashik.

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Shri Ganesh Sahakari Bank Ltd., Nashik

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Shri Govardhansinghji Raghuvanshi Sahakari Bank Ltd., Nandurbar

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Shree Vyas Dhanvarsha Sahakari Bank Ltd., Yaval

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Sahakarmaharshi Bhausaheb Thorat Amritvahini Sahakari Bank Ltd., Gulewadi

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Sai Sanjivani Co-op. Bank Ltd., Kopargaon

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Shivaji Nagari Sahakari Bank Ltd Paithan., has made stead-fast progress as on date bank has been runs 4 Branches situated at Bidkin MIDC, Satara Parisar, Aurangabad, Waluj MIDC Tq. Gangapur, Dist. Aurangabad including main branch paithan with HO with best reputation by knowing competition bank RTGS, NEFT and introducing very soon in shortly net banking and ATM facility for customer service and perfect satisfaction of every customers.

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The Bank was established on 09 th APRIL 1995. The Bank Operates through it’s NINE Branches, a state of Art Training Centre, A Modern Data Centre, and Head Office. All the Offices are air conditioned, well equipped, fully computerized and interconnected. Siddheshwat urban bank is one of the best bank in Marathwada to opt core banking pattern for its working. The bank is in the process of establishing DEBIT CREDIT CARD FACILITY AND LATEST OPTION OF NET BANKING all over the city to cater banking services to its customer round the clock. The concept of Siddheshwar Urban Bank was originated by Late MANIKRAO DADA PALODKAR & the bank came into being under the dynamic leadership of Shri. PRABHAKAR MANIKRAO PALODKAR, . The first branch of the Bank was opened on 09 th APRIL 1995. At present the bank has its area of operations in Aurangabad, Jalna & Ahemadnagar DISTRICT. The bank is also planning to tie up with state and national players to expand its network.

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Shri Agrasen Co-op. Bank Ltd., Kannad

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Shri Shiveshwar Nagari Sahakari Bank Ltd., Basmatnagar

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Sahyog Urban Co-op. Bank Ltd., Udgir

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Siddheshwar Sahakari Bank Ltd., Latur was established on 1978 by people committed to social cause especially to provide financial help for needy and poor people. The Bank has always kept the goal of helping economically weaker section of the society and has carved a place as bank of masses and not only for classes. The bank has made steady progress in past 30 years and under the present Board of Directors. Siddheshwar Sahakari Bank Ltd., Latur is making steady progress and the Shareholders, Customers, Employees and Well-wishers are integral part of this progress. Their envolvement and contribution is immense. Today the bank has a wide network of Branches in Maharashtra Bank has started its computerization in around Nineties. Bank is the pioneer in Northern Maharashtra to adopt technology based in Banking. The first total branch automation of main branch took place in 1994 since inception of the branch. During the period from 1995 to 2001, Bank has completed its computerization in all branches. Bank has also started added facilities to its customers.

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The Deposit Insurance is the term belongs to protect bank depositors from losses caused by banks inability to pay it’s debts when due. Deposit Insurance Systems are one component of a financial system safety that promotes financial stability. In India Deposit insurance introduced in 1962, The Deposit Insurance Corporation (DIC) commenced functioning on 1st January 1962 under the subsidiary of Reserve Bank Of India (RBI).In 1971 witnessed the establishment of of another institution the Credit Guarantee Corporation of India Ltd. (CGCI) In 1978 The DIC and CGCI were merged to form Deposit Insurance and Credit Guarantee Corporation of India (DICGC)

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The Shankar Nagari Sahakari Bank Ltd. Nanded welcomes you with all respect. Our bank has been credited with an 'A' grade. This means that we will put more efforts to make your lives easier.We consider ourselves lucky that we are able to serve you. Businessmen who live in Market Yard 'Mondha' usually face financial constraints due to which their dealing in business suffer. We provide them with utmost support so that they become self-sufficient. Our goal is to make a small contribution towards securing their future. We are equipped with the latest technologies that would make your banking experience truly enjoyable.We have the regular banking facilities-Easy account opening (Savings and Current), easy branch-to-branch money transfer, unlimited schemes for underprivileged customers, less interest on loans, specialized loans for farmers, fixed deposits and many such other facilities. Apart from this, Core Banking is our USP. We also provide RTGS, NEFT facilities, E-Com Service and ATM facility.

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Sundarlal Sawji Urban Co-op. Bank Ltd., Jintur

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Shivparvati Mahila Nagari Sahakari Bank Ltd., Parbhani

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Sonpeth Nagari Sahakari Bank Ltd., Sonpeth

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Shikshak Sahakari Bank Ltd. was established in the year 1979 with the aim to help teachers to meet their financial needs. The thought of establishing a bank had cropped up in the minds of its founders in the year 1976. However, it saw its realisation in January 1979. The Bank was started with a share capital of Rs. 3.50 lacs only. The founders of the Bank were teachers by profession. It can be said that Shikshak Bank is a bank founded by teachers for teachers. However, later the Bank did not keep itself limited to teachers but opened its membership to all. It also started financing for commercial purposes from the year 1987. The Bank achieved the deposit target of Rs. 100.00 crores in the year 1996-97. Consequently, it was awarded the Scheduled Status on May 22, 1999. Shikshak Bank is the first bank to get this status within twenty years of its inception, which is obviously a very short time-period. However, the bank’s accomplishments don’t end here. In the year 1999-2000, the Bank secured 20th rank amongst other banks with regard to deposits and was placed first in Vidarbha. In the year 2000-2001, it rose to the 19th position amongst the banks with regard to deposits while maintaining its top position among the banks of Vidarbha. The Bank presently has 19 branches functioning in Nagpur and Chandrapur districts. It has plans to open more branches in the near future. The area of operation of the Bank includes Nagpur, Chandrapur, Wardha, Yavatmal, Bhandara and Gadchiroli districts.

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The Shrikrishna Co-Op Bank Ltd., was established on 12th December, 1996 bearing registration number NGP/BNK/0/118/96-97. The Shrikrishna Co-Op Bank Ltd., is situated at Nehru Vyayam Mandal,Itwari Main Road,Umred, Dist . Nagpur. The bank has network of 4 branches and HO. These are at Ashirwad Bhavan, Kothari Lyout,Umred ,Swastik Sankul Hudkeshswar Road Narsala Nagpur,.Gaurishankar Gupta Complex,Main Road Bhiwapur Dist.Nagpur and Chimur Branch at Deshmukh Complex Wadala Chimur, Dist : Chandrapur. There are 5944 Members of the bank and Total share capital of the bank is 248.30 lakhs up to 31.03.2018. And net NPA =0

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Shriram Urban Co-operative Bank Ltd. Nagpur named after Lord Shriram, idol of the people of India commenced its business on the eve of Ramnavami, the 21st March, 1996. It was inaugurated at the hands of Parampujyaniya Shri Rajendra Singhji alias Rajju Bhaiyya, Sarsanghchalak-Rashtriya Swayamsevak Sangh in the august presence of Shri Mittal, General Manager of Reserve Bank of India. The bank was registered under Maharashtra State Co-operative Societies Act, 1960 on 27th Oct., 1995 vide registration no. NGP/BNK/O/117/95-96. The bank received RBI license on 23rd Dec.1995 vide letter no.UBD/MAAH/1189P and is governed by of the Banking Regulation Act 1949 (A.A.C.S.) sec 5(CCV).

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Samruddhi Bank is one of the leading Co-Operative Bank in Nagpur having a world-class banking sector.

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Shri Anand Nagari Sahakari Bank Ltd., Chandrapur

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"Sanmitra mahila nagari Sahakari Bank is a dynamic full-service leading co-operative bank, operating safely and profitably within a framework of shared integrity".

ABOUT BANK

Sanmitra Urban Co-op. Bank Ltd., Akola

ABOUT BANK

Sangli District Central Co-operative Bank Ltd., Sangli

ABOUT BANK

Since from a long period of time India has remained as an agriculture oriented country. And today also India’s economy mainly depends upon agriculture. With a view to solve the problems of agriculturists, many committees were formed and finally in 1904 first Co-operative Act was passed as per the recommendation of Royal Commission. As per the act, rural and urban patpedhies were established but there was a need to establish Central Finance Agency to provide finance at reasonable rate of interest in order to motivate the rural development. And accordingly as per Maclagon Committees recommendation, it was decided to establish Central Cooperative Banks with responsibility of providing finance to agriculture in 1915. The issue of establishing Central Cooperative Bank was discussed in the meeting held at Pandharpur on 11th September 1917. Accordingly in March 1918, 12 members and representative of 5 societies applied for Registration and in March 1918 the Registrar of Cooperative Societies Mr. U. Back registered the society. The 1st General Meeting was conducted under the Chairmanship of Honorable Collector Mr. M Symcox. Bank started on 8-03-1918. The managing board was elected and the actual functioning started on 27-3-1918 after the meeting. The first chairman of the bank was Late Mr. R.B.G.K.Sathe. The bank started its functioning with capital of Rs. 1.00 lakh – The area of operation of the bank was whole Solapur District. Despite stiff competition from the Nationalized and Urban Cooperative Banks, the bank has maintained its business share in the District and acting as the main Central Financial institute in the District and particularly for rural people. Since last 100 years, the bank is rendering remarkable services to it s members and depositors. As a Central Financing Agency in the District, The District Central Cooperative Bank is the platform on which the cooperative societies in the District use to maintain their reserve fund deposits and others, besides which the SLR investment in the form of deposits are being kept with the DCC Banks by the Urban Cooperative Banks. The DCC Banks are representing the Cooperative Institution in many ways , for urban cooperative banks the clearing sub member facility is being given by the DCC bank besides which the DCC Banks are providing loan to various on lending cooperative institutions. The DCC Banks are the backbone of the agriculture finance in the country. The Central Cooperative bank occupies a position of cardinal importance in the cooperative credit structure. They form an important link between the Apex cooperative bank and the Primary Agricultural Credit Societies. The success of cooperative credit movement largely depends on their financial strength.