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THE ZOROASTRIAN COOPERATIVE BANK LIMITED

Jan 20, 2020 351

HISTORY:

In November 2013, and Zoroastrian Cooperative Bank Limited position multiple state Scheduled Co-operative Bank and the region has achieved its operations now stands extended over the entire area of ​​Surat, Bharuch, Baroda, Anand, Nadiad, Ahmedabad, Navsari and Valsad in Gujarat. Over the years they were built up brand loyalty among its customers and is known as? Bank, which is a great tradition and trust.

Under the direction of its president, supported ably by the illustrious members of the Board of Directors, and reflected the financial results make interesting reading. From humble beginnings in 1927, the Bank has maintained a low profile in the community of bankers until 1993, and since then the Bank has not looked back. The growth in multiple business under a different business heads. As at March 31, 2016 business combination stands in chrome Rs.1472.38. Annual profit before tax (unaudited) and before provisions of chromium Rs.17.90. Also, it is reflected in the capital adequacy requirement of 17.12% compared to 9% by the Reserve Bank of India. There is little along the bank? S financial results, net non-performing assets is zero on reversing the negative trend in the banking sector.

The Bank continues its policy of carefully selecting progress with good quality assets. In addition to providing all of the members of the retail loan products, the Bank is very aggressive on corporate lending has been reputed corporate clients in a variety of fields of manufacturing and shipping services, etc.

CHAIRMAN: Ms. Homai A.Daruwalla