The Ratnakar Bank Ltd. was incorporated on 6th August, 1943. ' Ratnakar ' signifies an ocean, a treasure house of jewels.

In a short span of just 13 years in 1956, The Reserve Bank of India conferred the status of SCHEDULED BANK on THE RATNAKAR BANK LTD.

The Bank, by its conscious decision of basically serving, Kolhapur and Sangli districts, has in the past preferred to grow into an institution of intrinsic strength in preference to size.

Now, in keeping with the present day challenges, the Bank has embarked on a modernisation and expansion program with the objective of consolidating its strengths by achieving recognition for its development in size, as well.