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Background
Janakalyan Sahakari Bank
Ltd. was established on 29th
May 1974, under the
Maharashtra State
Co-operative Societies Act,
1960 and commenced operation
on 15th August, 1974 upon
receipt of license from the
Reserve Bank of lndia.
Transparent operations,
personalised services and
professional administration,
coupled with social
commitment have been the
hallmark of the Bank, which
has shown steady growth over
the past three decades and
is presently one of the
leading Co-operative Banks
in Maharashtra based on business
mix.
The Bank was conferred with
the coveted Scheduled status
on 30th January, 1998.
The Bank has a depositor
base of over 3,45,000,
borrowers of over 14,000 and
shareholders of over 51,000
which clearly demonstrates
the reach of the Bank and
the trust of the general
public.
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