"Sahyog Urban Co op Bank" An Idea of Our Hon. Chairman Mr. Ramesh N. Ambarkhane, expressed and Discussed with Ramesh Dr. Sudhakar Deshmukh and Subhash Kishanrao Deshpande (Maharashtra State Co-operative Agricultural and Rural Multi-Purpose Development Bank, Marya.) of setting up a new co-operative bank to Provide Easy Loans and Empower the Common People and Small Enterprises to boost their Business Growth and achive their Financial Goals. with the efforts of all our directors, exchange of views and Deposits of Shares, submitted Proposal to Hon. Divisional Joint Registrar, Co-operative Societies, Latur and Reserve Bank of India, The bank was licensed to do business in 1998 and actually commenced operations on 30 May 2000 since then We have continued the same sentiment till date.While we are working as a bank, we are working in compliance with all the rules and regulations of the Reserve Bank of India.The bank has paid dividends in the last 24 years with few exceptions. The bank is completing 25 years next year. For that, our aim is to provide up-to-date bank, lending to customers, good service.The bank has shifted to its own premises (building) in 2022. All directors, members, depositors, creditors, well-wishers have got a lot of help in establishing the bank. All account holders, members, employees have benefited from the support of the bank's growth.
