Co-operative Bank Limited formerely known as "The Safe Co-operative
Bank Ltd" is serving the banking needs of the common man from the
last five decades. During these years it has served lacs of customers.
It started in the year 1962 and its first branch was opened at Abdul Rehman
Street, Mumbai. At present the bank is having Six branches with below
competent staff :
Total : 66
The bank is fully computerised with trained personnel. The bank has adopted
Core Banking System (CBS) and all branches are connected with each other.
The staff is trained in Computers as well as in Co-operative Management.
The bank grants loan to the priority sectors as well as to the weaker
sections of the society as per the R.B.I guidelines.
bank's Net NPA is "Nil" as on 31st March 2018.
bank maintains strong CRAR at 33.33% against 9% as specified by RBI.
bank hase been awarded "A" class audit classification by
Statutory Auditors as on 31st March 2018.
bank is having good network of Advances Recovery System and concrete
steps are taken for the same.
bank has very strong reserves, approximately to the tune of
3505.10 Lacs as on 31st March 2018, to meet the unavoidable circumstances
of the bank.
bank is paying maximum dividend i.e 15% to the share holders since
last 10 years and on the ocassion of GOLDEN JUBLIEE (31st March 2011)
year bank has paid 25% dividend.
with Excellent Co-operative Bank Limited, " Its Your Bank "