Financial Position As On 31st March 2023 | |
Established | 20 October 1969 |
Conversion into Multistate Co-operative Bank | 23rd February 1999 |
Scheduled Bank Status | Reserve Bank of India has included banks name in the second scheduled to reserve bank of India act & Hence, the bank is now a scheduled bank w.e.f.22.05.1999. |
Jurisdiction | Entire State of Maharashtra, Indore & Khandwa District in Madhya Pradesh & Surat District in Gujarat. |
The following figures of financial position as on 31st March 2024 indicates the sound growth of the bank. | |
Share Capital | 3966.99 |
No. of Share Holders | 69104 |
Reserve & Other Fund | 25218.82 |
Working Capital | 199668.71 |
Deposits | 165074.97 |
Loan And Advances | 92728.08 |
C/D Ratio | 56.17% |
Investment | 87255.07 |
Net Profit | 2633.39 |