Citizen Credit Co-operative Bank Ltd.
Citizen Credit Co-operative Bank Ltd.
About Bank:
The Bombay Catholic Urban Co-operative Society was registered on the May 6, 1920, converted to Citizen Co-operative Bank on October 20, 1984.
The Reserve Bank of India (RBI) by their order-dated October 12, 1984 approved the conversion of the Bombay Catholic Urban Co-operative Credit Society to CITIZEN CO-OP. BANK LTD., to carry on the business of banking.
RBI issued CITIZENCREDIT Co-operative Bank Ltd. a full-fledged banking licence on December 27, 1989 (Lic No. MH1016p).In 1989, RBI authorized CITIZENCREDIT Co-operative Bank Ltd to open and maintain Non-Resident External Rupee accounts.
The Bank crossed Rs. 100 crores in deposits in 1994-95.It was the first co-operative bank to commission and conduct fully – computerized banking operations by 1991.
CITIZENCREDIT Co-operative Bank Ltd was also the first co-operative bank to be rated by a credit rating agency – CRISIL (Credit Rating Information Services of India Ltd) in January 1995.Achieved Scheduled Bank status in October 1996, in recognition of continued excellence in performance
Attained Multi-State Co-operative Bank status in January 1998Introduced Full-Fledged Money changing operations in February 1999
Commenced the conduct of dematerialisation of shares held in the Bombay Stock Exchange (DeMat), on a fully computerised mode, for customers.
Contact Details
Website: http://www.citizencreditbank.com
Courtesy: citizencreditbank.com