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| FINANCIAL INSTITUTIONS : RUPEETIMES.COM |
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| Kalyan Janata Sahakari Bank Ltd., Kalyan |
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The Kalyan Janata Sahakari Bank came in to existence on December 23,1963. The bank was founded by Advocate Bhaurao Sabnis and Shri. Vasantrao Purohit .
In the year 1994, the total deposit crossed the 50 crore mark and by the end of the financial year 1996-97 deposits crossed the 100 crore mark.
In year 1998 The Reserve Bank of India granted permission to the bank to to expand the area of operation from Thane District to Raigad and Mumbai Districts.
The total business by the bank crossed 1000 crore mark in March 2009. The bank tied up with IFFCO TOKYO for non life insurance on 7th September 2009.
The bank has completed Core Banking Solutions and offering facility of Any Branch Banking Service to customers. The Bank also provides facilities like RTGS , NEFT and Online Tax payment to it's customers. |
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