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NAGPUR NAGARIK SAHAKARI BANK LIMITED

Jan 20, 2020 351

HISTORY:

Nagpur Nagarik Sahakari Bank is one of the oldest and leading cooperative banks in Vidarbha. With the collective efforts of some of the devout members of the cooperative movement, on the auspicious day of "Vijayadashmi" in 1962. Nagpur Nagarik Sahakari first branch of the Bank began in Gandhibagh area of ​​Nagpur.The Bank began with a small amount of capital of Rs. 26000 / - and has grown to a capital base of Rs. 1493.46 lac with 60521 members as of March 31, 2010. The bank was granted the bank status scheduled on May 22, 1999 after meeting the criteria of the desired deposit basis.

The bank has also acquired the status of Banco Multistate Scheduled on March 21, 2001. Today, the bank's operating area is the entire state of Maharashtra, Madhya Pradesh and Raipur, Durg in the state of Chattisgarh.The Bank has adopted models of the Statutes of the Multisector Cooperative Societies in the approval of Dec 17, 2004.The Bank has 39 Numbers of branches fully computerized with a Branch of Services and a Central Office.

The bank has premises for its 15 branches with modern interiors.
All members of the Board of Directors always strive to move the bank towards a bright future in the cooperative banking sector. The members of the council are well qualified in various professional areas, have special experience in the cooperative sector and linked to various social organizations.

 

CHAIRMAN: SHRI. SANJAY BHENDE