In Today’s Cooperative Sector of Indore the Vyaparik Audhyogik Sahakari bank, Indore is reaching the heights of esteem.
It is good to share that a relationship between bank and subscriber investing a prestigious support to maintain the bridge of capital investment.
The aim of establishing this bank is to promote the sense of frugalness, independence and cooperation among the members. The consequences of this in October 1995 the bank commenced with a capital of only Rs 50 Lakhs only. The working capital of the bank is Rs. 7663 lakhs as on 31/03/2024 and Profit 140 Lakhs.
You will be glad to know that the bank is involved in electing the best co-operative bank of Madhya Pradesh on the basis of progress. It is a matter of pride for all of us.
I on behalf of all newly elected members would like to thank and express gratitude. Now we are planning many developmental programs under which the bank will reach to its heights.
To protect the data now we are working with Cloud Data Centre. Also the bank has made a strategy to link data with website.
With the process of stepping, Bank has started online business. Apart from this, the account holders will be issued a printed cheque book of cheques in subscriber’s name. “Our goal to upgrade the bank’s ATM Facilities to modern digital banking capabilities have now been successfully achieved”.
Hoping to impending days every sector of the bank could be more efficient to increase the capital of bank by supporting hands. Undoubtedly with the cooperation of all of you this bank will be forfeited a renowned place in our country.
Mr.Gopal Das Agrawal
Chairman