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Origin

Inspired by the clarion call for self reliance given by National leaders in the pre-independence era, a group of patriotic, eminent personalities......

Management...

The Board of Directors comprises of progressive agriculturists, reputed  traders,  merchants, professionals   like    Chartered...

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Performance

The Bank is honoured by the patronage and confidence reposed in it by over 5,50,000 clients. The Working Funds of the Bank are around Rs. 1485.71 Crores, Deposits Rs. 1101.07 Crores, plus Advances Rs. 585.79 Crores, plus Investment Rs.361.32 Crores. This Business has been secured through 79 branches spread over Maharashtra, Karnataka, Goa, Gujrat and Delhi. As many as 50 branches are Computerised and more than 75% Business of the bank is fully computerised.


BALANCE SHEET AS ON 31st MARCH 2008

 (Rs. in thousands)       
CAPITAL & LIABILITIES
SCHEDULE
31.03.2008
Current Year
31.03.2007
Previous Year
Capital
 1
1,047,201
704,419
Share Application Money

1A

- 461,182
Reserve & Surplus
2
2,182,889
826,781
Deposits
3
11,010,718
8,763,902
Borrowings
4
3,126
4,705
Other Liabilities & Provisions
5
613,164
705,293
TOTAL
14,857,098
11,466,282
ASSETS    
Cash & Balances with Reserve Bank Of India
6
1,294,602
1,218,027
Balances with banks & money at call & short notice
7
3,537,199 1,228,033
Investments
8
3,613,191
3,158,338
Advances
9
5,857,942
5,305,175
Fixed Assets
10
177,608
162,283
Other Assets
11
376,556
394,426
TOTAL
14,857,098
11,466,282