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A District Co-operative Central Bank (DCCB) is a rural cooperative bank operating at the district level in various parts of India. [ 1 ] [ 2 ] It was established to provide banking to the rural hinterland for the agricultural sector with the branches primarily established in rural and semi-urban areas.
It was mainly known through its two main subsidiaries: The Co-operative Bank (incorporating Smile, the first full internet bank in the UK) and The Co-operative Insurance. Co-operative Financial Services was formed as a holding company to bring these financial subsidiaries together under one umbrella society and to enable synergies between the ...
S.No. Name Head Office Sponsor Bank Area of Operations Ref. 1 Aryavart Bank: A-2/46, Vijay Khand, Gomti Nagar, Lucknow-226010 Bank of India: Presence of Aryavart Bank:
Saraswati Bank: India 1,000,000 9.8 Bank Largest Asian co-operative bank Coop Bank Pertama (formerly known as Bank Persatuan) Malaysia: 300,000+ Islamic cooperative bank: Koperasi Co-opbank Pertama Malaysia Berhad: The first national cooperative bank in Malaysia established in 1950 Bank Rakyat: Malaysia: 907,918: Islamic cooperative bank
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In June 1965 Abhyudaya Co-operative Bank Ltd was finally established as a full-fledged co-operative Bank. [3] It was conferred with Scheduled bank status by the Reserve Bank of India in the year 1988. [3] On 11 January 2007 the Bank was registered as a multi-state co-operative bank by the Central Registrar, New Delhi. [2]
The bank was the first to achieve this milestone in respect of RuPay EMV cards along with the Bank of Baroda. [citation needed] In 2011, the bank was granted permission for All India Area of Operation by the Reserve Bank of India. The bank has a network of 284 fully computerised branches and 311 ATMs (Automated teller machine) as on 31 March ...
Pune District Central Cooperative Bank is a major state government public sector bank in Pune district. The establishment is a capital shares around the region. [1] with over 272 branches strategically located to cater to both rural and urban populations.