2. ROAR GROUP
VIKAS P. MISHRA 129
RAKESH S. AMIN 125
OMKAR A. SHINDE 89
AZHAR N. SHAIKH 90
RAHUL N. TAKALE 91
ROGER Y. PETER 88
UMESH S. DASONI 130
3. TYPES OF BANKS
CENTRAL BANKS
PUBLIC SECTOR BANKS
PRIVATE SECTOR BANKS
CO-OPERATIVE BANKS
DEVELOPMENT BANKS
4. CO-OPERATIVE BANK
“A Cooperative Bank is a financial entity which
belong to its member, who are at the same time
the owners and the customers of their bank. Co-
operative banks are often created by persons
belonging to the same local or professional
community or sharing a common interest. Co-
operative banks generally provide their
members with a wide range of banking and
financial services i.e. loans, deposits, banking
accounts.”
6. INTRODUCTION
Established on 14th September,1918.
Mr.J.K.PARULKAR was the first Chairman of
the Saraswat Bank.
Society was converted into full fledged Urban
Co-operative Bank in the year 1933.
Mrs.SOUMYA RAO is the present Branch
Manager of Kalyan Branch.
7. OBJECTIVE
Bank was set-up to help families in distress.
To provide accommodation to its member in
eventualities such as weddings of dependent
members of the family, repayment of debt &
expenses of medical treatment & so on.
8. MILESTONES
After 25 years of its establishment, bank had a strong
foundation in terms of its membership, resources,
assets & profits.
In last 2 decades bank has witnessed steady growth
with 223 fully computerized branches.
On 31st March 2010 bank had business of 26000cr &
was surpassed in September by crossing 29000cr
landmark.
9. LONG TERM GOAL
Bank has an ambitious business expansion plan in
place to have a presence in all major cities of the
country.
Bank also aims at achieving 50,000cr by 2016 and
1,00,000cr by 2018.
11. INTRODUCTION
Bank was formed under Maharashtra State Co-
Operative Societies Act,1960 & controlled by
NABARD.
Finance is provided by NABARD.
Bank has 82 Branches over Thane District.
Mrs.LATA PATIL is the present Branch Manager of
Kalyan Branch.
12. SERVICES
Banks preferential sector is FARMING.
0% loan is provided to the farmers (only crops
related) if repaid before maturity.
Loans are provided at very low interest rate for
other agricultural activity.
Bank has also formed BACHAT GAT.
23. FACILITIES TO WORKING STAFF
Increment in Daily Allowance
Interest Rate on Bank Deposits
Interest Rate on Housing Loan
Interest Rate on Vehicle Loan